Money Tree's Financial Planning Software Blog


Spring Silver Special


by Sales Team

Spring is here. It's a great time to add financial planning software to your advisor tool belt. Initiate a deeper financial conversation with your clients. Big-picture financial planning in minutes! 

Click here >> Moneytree.com/silver

If you have not found the right financial planning solution for your practice, or would like to explore additional options, start fresh with a new 30-day trial for spring.

Simply call our sales team (877-421-9815 ext. 4), or drop us a note at sales@moneytree.com if you have questions.


RMD Start Ages in TOTAL - 69, 70, or 71?


by Alexander Long

In TOTAL there are 3 possible ages that RMDs appear on reports: 69, 70, or 71. This start age is dependent on the date the report is generated and the individual's date of birth. It can be difficult to explain how these situations arise without first looking at how report years work in TOTAL:


Scheduled System Maintenance Window - Friday 2/8 at 6 PM PT


by Alexander Long

To ensure Money Tree is delivering the best online experience, there will be some brief scheduled maintenance starting about 6 PM PT on Friday 2/8. While this important work is performed, some software functions may be briefly unavailable. 


2019 Tax Updates in Effect for Silver and TOTAL


by Alexander Long

With the new year, the IRS has released its adjustments to taxes in 2019. No major laws were passed affecting 2019 earnings or deductions; the IRS only made standard adjustments to index for inflation. Since the changes were much simpler, updating to reflect the changes has proven to be quicker this year. Both Silver and TOTAL are now updated to reflect these adjustments.


Annuities in TOTAL


by David Winslow

Annuities in TOTAL are typically represented as either Tax-Deferred Assets or as Other Income.  Adding annuities to a plan is easy and even complex annuities can be modeled with TOTAL’s powerful features. 


New to TOTAL Desktop - Live Capital Projection Graph


by Alexander Long

With the newest version of  TOTAL Desktop advisors are now able to open a retirement projection graph during data entry. This graph allows advisors to actively see how each change affects a scenario.


Redtail Connections:   Silver Online Integration


by Alexander Long

Redtail is integrated into Silver Online. Advisors get client planning details directly from their Redtail data. Create entirely new planning clients from Redtail, or updates existing client plans. 


Retirement Plan Required Minimum Distributions (RMDs)


by Mark Snodgrass

Advisors often call in with questions about how to recognize RMD's in their financial planning software. Each program calculates RMD's, with their own ways of displaying. 

In the article provided, Money Tree Software president Mark Snodgrass goes over the various RMD rules for a variety of retirement plan types and where to go in each program to see those distributions. 


 

Retirement Plan Required Minimum Distributions (RMDs)

By Mark Snodgrass


TOTAL - Report Calculation Overhaul


by Alexander Long

The development team here at Money Tree is overhauling the calculation engine used in TOTAL. These changes are affecting some report pages before others so that the development team can make all the necessary changes while still being able to regularly update the program for bug fixes and some new features.


Silver Online - Client Access Walk-Through


by Alexander Long

The Client Access Portal in Silver Online gets updated frequently. This post was originally written June 28, 2018. It has been updated to cover information for the current Client Access Portal as of August 1, 2018. 

This article will go over the various sections in Silver Online pertaining to the Client Access Portal, which clients will see as the Secure Wealth Review when logging in.

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