My Plan FAQ's

Articles and videos designed to provide insight into each section of My Plan and help you personalize your Plan.

Michelle Dash avatar Andy Beck avatar Davorin Robison avatar +2
120 articles in this collection
Written by Michelle Dash, Andy Beck, Davorin Robison and 2 others
Planner Operations and Overview

Your Overview

This article describes all of the elements of your Overview.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

NewRetirement Planner Assumptions

This article describes many of the assumptions underlying the Planner's operations.
Michelle Dash avatar
Written by Michelle Dash
Updated over a week ago

What are the Default Rates in the Planner?

This article describes default rates, adjusting rates, how inflation impacts your plan, and interaction with the Social Security COLA.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

State Income Tax Exemptions

This article describes how PlannerPlus treats retirement income in your state.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

Planner Operations: Funding Expenses

This article describes the Planner's functionality around expenses.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

Planner Operations: Withdrawals

This article describes the default withdrawal order, changing the order of withdrawals and accounts for RMDs, and manual withdrawals.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

Planner Operations: Taxes

Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

How do I get this chat off of my screen?

This brief article shows how to close the chat window.
Davorin Robison avatar
Written by Davorin Robison
Updated over a week ago

Should I enter today’s dollars or future dollars?

This article will help you understand the impact of the time value of money in your plan.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

How do I use the Plan Health Chart?

This article explains how to read the plan health chart on the dashboard.
Andy Beck avatar
Written by Andy Beck
Updated over a week ago

What does the Income Score represent?

This article describes the Income Score, its use in interpreting your plan, and that we are not applying a 4% withdrawal in your plan.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

What is Monte Carlo analysis?

This article explains what Monte Carlo simulations are and how they play a key role in a comprehensive financial plan
Davorin Robison avatar
Written by Davorin Robison
Updated over a week ago

Monte Carlo simulation and your plan

This article describes a number of common methods to help you evaluate the uncertainty and risk around your portfolio and your plan.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

I live outside the US, how do I model income that is not taxed?

This article explains how to model common scenarios for expats.
Michelle Dash avatar
Written by Michelle Dash
Updated over a week ago

Why am I seeing a shortfall on my Insights > Estimated Income, Drawdowns, and Debt Chart?

This article explains why you may see shortfalls while there is no net savings drawdown in the year.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

NewRetirement User Guide

Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago
Accounts and Assets

The importance of asset rates of return

This article describes how your asset rates of return affect your plan.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

How do I model Asset Allocation?

This article describes how to include asset allocation considerations in your projections.
Michelle Dash avatar
Written by Michelle Dash
Updated over a week ago

Which tax treatment do I choose for my after-tax accounts?

This article discusses how to choose ordinary income or capital gains tax treatment for your accounts.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

How do I enter cash accounts?

This article explains how to enter checking accounts, savings accounts, emergency funds, and CDs.
Michelle Dash avatar
Written by Michelle Dash
Updated over a week ago

How do I enter after-tax (brokerage) accounts?

This article describes how to enter your After-Tax Accounts.
Davorin Robison avatar
Written by Davorin Robison
Updated over a week ago

What Types of Contributions Can I Model in My Plan?

This article describes two types of contributions you may model in PlannerPlus
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

How Do I Add Contributions in My Plan?

This video demonstrates how to enter Standard and Income Linked contributions in your plan.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

How do I account for interest and dividends in brokerage accounts?

This article explains how to account for dividend and interest income or reinvestment in your plan.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

How do I find the Cost Basis of my after-tax account?

This article describes how to identify the cost basis of your after-tax account.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

How do I enter I Bonds in My Plan?

This article describes how to enter I Bonds in your Plan.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

How do I enter tax exempt bonds and bond funds in My Plan?

This article describes how to enter tax exempt bonds and bond funds in your Plan.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

How to enter a Backdoor Roth in My Plan

This article defines the Backdoor Roth strategy and details how to enter a Backdoor Roth in your Plan.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

How to enter after-tax contributions to a 401k in My Plan

This article describes how to account for after tax contributions to a 401k and the Mega Backdoor Roth Strategy in your Plan.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

How can I quickly update all of my account balances?

The "Update Balances ✎" feature allows for easy manual updates of all accounts at once.
Davorin Robison avatar
Written by Davorin Robison
Updated over a week ago

How are contributions funded in My Plan?

This article describes the funding of contributions in your Plan
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

How can I exclude an account from withdrawals?

This article outlines why you may want to exclude your accounts from automatic withdrawals and how to use the Exclude feature
Davorin Robison avatar
Written by Davorin Robison
Updated over a week ago

How to account for Variable Annuities in My Plan

This article describes a variety of methods to account for Variable Annuities in your plan.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

How to account for Life Insurance Policies in My Plan

This article describes a variety of methods to account for Life Insurance in your Plan.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

What Is the default account?

This article explains what the Default Account is, why it may appear in your plan, and how to replace it.
Davorin Robison avatar
Written by Davorin Robison
Updated over a week ago

How do I Link My Accounts?

This article describes how to link accounts and troubleshoot if you linked to a financial institution but do not see your accounts linked.
Michelle Dash avatar
Written by Michelle Dash
Updated over a week ago

I Have an Issue Linking Accounts

This article will help you answer common questions about connecting to you financial institutions.
Michelle Dash avatar
Written by Michelle Dash
Updated over a week ago

How do I model an HSA account?

This article describes how to add HSA accounts
Michelle Dash avatar
Written by Michelle Dash
Updated over a week ago

How do I model 529 accounts?

This article describes adding 529 accounts and contributions.
Michelle Dash avatar
Written by Michelle Dash
Updated over a week ago

How do I withdraw from a 529 plan?

This article explains how to model withdrawals from a 529 plan.
Michelle Dash avatar
Written by Michelle Dash
Updated over a week ago

How to enter a CD in My Plan

This article describes entering a CD in your Plan.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

How to enter a MYGA in My Plan

This article describes how to enter a MYGA in your Plan.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

How do I enter Deferred Compensation in My Plan?

This article explains how to account for deferred compensation in your Plan.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

How do I model a HELOC?

This article describes how to model a home equity line of credit.
Davorin Robison avatar
Written by Davorin Robison
Updated over a week ago

How do I model repaying 401k loans?

This article explains explains how to model repayment of 401k loans.
Michelle Dash avatar
Written by Michelle Dash
Updated over a week ago

What is a Required Minimum Distribution (RMD)?

This is a brief explanation of RMDs.
Davorin Robison avatar
Written by Davorin Robison
Updated over a week ago

How do I simulate delaying RMDs?

This article describes how to model delaying RMDS while you continue working.
Michelle Dash avatar
Written by Michelle Dash
Updated over a week ago

How do I model inherited IRA withdrawals?

This article will show you how to model manual inherited IRA withdrawals.
Rae DeBruyne avatar
Written by Rae DeBruyne
Updated over a week ago

What Is a DAF (Donor-Advised Fund) and How Do I Model One?

This article includes a brief introduction to DAFs and a tutorial on how to properly model a DAF within the Planner.
Davorin Robison avatar
Written by Davorin Robison
Updated over a week ago
Home and Real Estate

How do I model relocating my primary home?

This article describes selling your primary residence and purchasing a new home.
Michelle Dash avatar
Written by Michelle Dash
Updated over a week ago

Reverse Mortgage

This article describes the Reverse Mortgage function in your plan
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

How do I model a relocation in My Plan?

This video demonstrates modeling a relocation in your Plan.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

How do I model selling my primary home and renting a new residence?

This article describes selling your primary home to rent a new residence.
Michelle Dash avatar
Written by Michelle Dash
Updated over a week ago

How do I model selling my primary residence and renting a new residence in My Plan?

This video demonstrates selling your primary residence and renting a new residence.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

How do I model relocating to a new home and renting my former home?

This article describes relocating to a new home with the intent to rent your old primary residence.
Michelle Dash avatar
Written by Michelle Dash
Updated over a week ago

How to purchase a new primary residence and rent your former home in My Plan

This video demonstrates purchasing a new primary residence and renting your former home for income.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

How do I model multiple relocations?

The Planner currently allows for one change to your primary residence. This article explains how to work around this and model multiple.
Davorin Robison avatar
Written by Davorin Robison
Updated over a week ago

How do I pay off my mortgage early?

This article describes ways to model paying off your home early.
Michelle Dash avatar
Written by Michelle Dash
Updated over a week ago

Accounting for Rental Real Estate Income

This article describes how to account for income from Rental Property in My Plan.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

How do I model rental property and income in My Plan?

This video demonstrates adding rental property and rent to your retirement plan.
Michelle Dash avatar
Written by Michelle Dash
Updated over a week ago

How to simulate Capital Gains on the sale of your primary residence in My Plan

This article describes how to simulate Capital Gains on the sale of your primary residence in your Plan.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago
Income

How To Model a Work Bonus

This short video explains how to best model a taxable bonus.
Davorin Robison avatar
Written by Davorin Robison
Updated over a week ago

How to model an employer contribution to an HSA in My Plan

This article describes how to account for employer HSA contributions in your Plan.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

How to enter Passive Income from Real Estate in My Plan

This article describes how to enter passive income from Real Estate in your Plan.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

How to enter an Annuity in My Plan

This article and video describe entering an Annuity in your Plan.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

How to enter a Pension in My Plan

This article describes entering a Pension in your Plan.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

Do you have a monthly pension?

This video demonstrates entering a monthly pension in the Annuities and Pensions section of My Plan.
Michelle Dash avatar
Written by Michelle Dash
Updated over a week ago

Do you have a lump sum pension?

This video demonstrates how to enter a lump sum pension in the Annuities and Pensions section of My Plan.
Michelle Dash avatar
Written by Michelle Dash
Updated over a week ago

How to enter VA Disability Compensation in my Plan

This article describes how to model VA Disability Compensation in your Plan.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

How does a windfall operate in My Plan?

This video demonstrates the assumptions and functionality around entering a Windfall in My Plan.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

How to enter Self Employment Income in My Plan

This article describes how to account for Self Employment Income in your Plan.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

Employer Stock: Employer Stock Purchase Plans (ESPPs)

This article describes how to enter ESPP purchases in your Plan.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

Employer Stock: NQSOs

This article describes how to enter NQSOs in your Plan.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

Employer Stock: RSUs

This article describes how to enter RSUs in your Plan.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

Employer Stock: ISOs

This article describes how to enter ISOs in your Plan.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago
Healthcare and Medical Expenses

How to account for pre-tax payroll deductions in My Plan

This article describes how to account for pre-tax payroll deductions in your Plan.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

What are the Medicare assumptions and estimates in My Plan?

This article explains the assumptions that are included in the Medicare estimation in your Plan.
Michelle Dash avatar
Written by Michelle Dash
Updated over a week ago

Using an HSA Account to Fund Healthcare Expenses

This article describes the method to fund healthcare expenses with HSA funds in your plan
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

IRMAA: Medicare Income Related Monthly Adjustment Amount, or IRMAA

This article will help you understand IRMAA and any impact it may have on your plan.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

What are the long-term care assumptions in My Plan?

This article explains the long-term care assumptions in your Plan and how to make any modifications you desire.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

Will you have health insurance from a current or previous employer after age 65?

This article describes delaying Medicare and other health insurance coverage interacting with Medicare.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

Will you have FEHB or TRICARE for Life health insurance and Medicare?

This article describes how to model FEHB and TRICARE coverage interacting with Medicare in your Plan.
Nancy Gates avatar
Written by Nancy Gates
Updated over a week ago

How do I model delaying Medicare?

This article explains how to model delaying Medicare when you have employer sponsored coverage.
Michelle Dash avatar
Written by Michelle Dash
Updated over a week ago