Money Tree's Financial Planning Software Blog


Tax Cuts and Jobs Act & Financial Planning Software Updates


by Carolyn Rothwell

The Tax Cuts and Jobs Act (TCJA) was signed into law December 22nd. Tax law changes take effect January 1, 2018. A majority of the tax law changes applying to individuals are not permanent and are scheduled to sunset after 2025, reverting to the law in effect prior to the TCJA. The major changes to individual tax planning stemming from the new tax legislation are included below. Details of the tax laws can be found by reading the final bill and the Joint Explanatory Statement of the Committee of Conference.

The new legislation requires significant changes to the tax calculations in Money Tree's financial planning software, impacting the timeline for the 2018 tax update. The tax changes are the top priority for the software and development is underway.


Upcoming System Maintenance - Friday 1/12 at 5 PM PT


by Carolyn Rothwell

On Friday, January 12th system maintenance will begin at 5:00 PM PT (8 PM ET).

Money Tree needs to perform system maintenance starting on Friday, January 12th at 5:00 PM PT. The maintenance does not require scheduled downtime for the online editions of TOTAL and Silver, however, system changes may cause brief interruptions of service.


Reflecting Investment Strategy Changes in TOTAL


by Carolyn Rothwell

TOTAL allows investment strategy changes to be reflected in a client's financial plan at any age thanks to the flexibility provided by the future change tables.


10 Most Popular Blog Posts of 2017


by Carolyn Rothwell

It's officially mid-December, and the end of 2017 is rapidly approaching. As we start to wrap-up the year, we wanted to share the most popular blog posts of 2017. This list includes the top 10 blog posts published this year, ordered by the number of views.


Giving Our Thanks to You & Holiday Hours


by Carolyn Rothwell

We want to take a moment to share that we are truly thankful to be working with such exceptional planners and the financial planning community. Thank you for the continuing support, helpful feedback, bright ideas, and your business. Many of the newest features came directly from our customers taking the time to share their thoughts with us.  

Dedicated advisors like you have allowed us to provide financial planning software for over 35 years. That adds up to a lot of planning, which has undoubtedly made a positive impact on so many people's (financial) lives.  Thank you again for planning with Money Tree Software, and we hope you have an enormous amount to be thankful for this November.


Silver's Retirement Capital Analysis Spending Needs


by Carolyn Rothwell

The Spending Needs amount on Silver's Retirement Capital Analysis is straightforward for single clients or when both individuals retire in the same year, but it is not as clear for couples when one individual retires and the second continues to work.

Silver begins the expenses upon the first retirement.  For couples, when an individual continues to work after the other is retired, the expense amount is reduced on the Retirement Capital Analysis by the net effect of his or her earned income. 



Tax Changes for the 2018 Tax Year


by Carolyn Rothwell

JANUARY UPDATE:  The Tax Cuts and Job Act was signed into law December 22, 2017.  The new legislation requires significant changes to the tax calculations in the software, which will impact the timeline for the 2018 tax update. The tax changes are the top priority for the software and development is underway.


2018 Retirement Plan Limits Announced by IRS


by Carolyn Rothwell

The IRS announced the retirement plan limits for 2018. The 2% cost-of-living index drove annual inflation adjustments for the 2018 tax year for most items, but it was not enough to bump up the contribution limits for IRAs / Roth IRAs.


Social Security Benefits Increase by 2% for 2018


by Carolyn Rothwell

Social Security Administration announced last week that benefit payouts will increase by 2% for 2018, raising the average benefit by about $27 a month.  This is the biggest bump in five years. 


Client Access and Report Enhancements in Silver - Available Now


by Carolyn Rothwell

Client access and reports updates are available in the latest release of Silver. 

Subscribe to Email Updates

Recent Posts

Planner Guides

Check out our free informational guides for advisors including:
  • Fundamental Financial Planning Interview Guide 
  • Making the Most out of Planning Engagements
  • Social Security: Choices Opportunities, and Decisions
  • Understanding Medicare Fundamentals

Popular Posts