My Plan FAQ's

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

120 articles in this collection
Written by Michelle Dash, Andy Beck, Davorin Robison and 2 others

Your NewRetirement Account

How Can I Change the Email Address Associated with My Account?

Follow these instructions to quickly update the email address associated with your NewRetirement account.

Written by Davorin Robison
Updated over a week ago

How Can I Update My Credit Card Info?

This article shows where to change your payment method.

Written by Davorin Robison
Updated over a week ago

Planner Operations and Overview

Your Overview

This article describes all of the elements of your Overview.

Written by Nancy Gates
Updated over a week ago

NewRetirement Planner Assumptions

This article describes many of the assumptions underlying the Planner's operations.

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.

Written by Nancy Gates
Updated over a week ago

State Income Tax Exemptions

This article describes how PlannerPlus treats retirement income in your state.

Written by Nancy Gates
Updated over a week ago

Planner Operations: Funding Expenses

This article describes the Planner's functionality around expenses.

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.

Written by Nancy Gates
Updated over a week ago

Planner Operations: Taxes

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.

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.

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.

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.

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

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.

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.

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.

Written by Nancy Gates
Updated over a week ago

NewRetirement User Guide

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.

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.

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.

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.

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.

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

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.

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.

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.

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.

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.

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.

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.

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.

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

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

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.

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.

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.

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.

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.

Written by Michelle Dash
Updated over a week ago

How do I model an HSA account?

This article describes how to add HSA accounts

Written by Michelle Dash
Updated over a week ago

How do I model 529 accounts?

This article describes adding 529 accounts and contributions.

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.

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.

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.

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.

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.

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.

Written by Michelle Dash
Updated over a week ago

What is a Required Minimum Distribution (RMD)?

This is a brief explanation of RMDs.

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.

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.

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.

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.

Written by Michelle Dash
Updated over a week ago

Reverse Mortgage

This article describes the Reverse Mortgage function in your plan

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Written by Nancy Gates
Updated over a week ago

Debts

How to make lump sum contributions towards debt

This article describes how to model making early payment to mortgages, student loans, and credit card debt.

Written by Michelle Dash
Updated over a week ago

How to model paying down debt in My Plan

This video demonstrates paying off mortgage and other debts in your Plan.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Written by Nancy Gates
Updated over a week ago

Employer Stock: NQSOs

This article describes how to enter NQSOs in your Plan.

Written by Nancy Gates
Updated over a week ago

Employer Stock: RSUs

This article describes how to enter RSUs in your Plan.

Written by Nancy Gates
Updated over a week ago

Employer Stock: ISOs

This article describes how to enter ISOs in your Plan.

Written by Nancy Gates
Updated over a week ago

What is your Social Security Benefit and Start Date?

This video describes entering Social Security in My Plan.

Written by Michelle Dash
Updated over a week ago

How do I enter my Social Security benefit?

This article describes how to model your Social Security benefit based on your claiming age.

Written by Michelle Dash
Updated over a week ago

Early Retirement and Social Security

This article discusses adjusting your Social Security Benefit for reduced earnings due to early retirement.

Written by Nancy Gates
Updated over a week ago

How to model Spousal Social Security in My Plan

This article describes modeling spousal Social Security Benefits in My Plan.

Written by Nancy Gates
Updated over a week ago

Social Security Survivor's Benefits for widows and widowers

This article describes how to account for Social Security Survivor Benefits in My Plan.

Written by Nancy Gates
Updated over a week ago

Social Security Disability Benefits

This article describes how to account for Social Security Disability benefits in My Plan.

Written by Nancy Gates
Updated over a week ago

Social Security Windfall Elimination Provision (WEP)

This article explains how to model Social Security Benefits reduced by WEP in My Plan.

Written by Nancy Gates
Updated over a week ago

Social Security Government Pension Offset (GPO)

This article describes modeling GPO in My Plan.

Written by Nancy Gates
Updated over a week ago

Expenses

What is the difference between the Basic and PlannerPlus Budgeter?

This article will help you decide the best way to model your expenses.

Written by Michelle Dash
Updated over a week ago

What is the difference between "Like to Spend" and "Must Spend"

This article describes the use of two budgets.

Written by Michelle Dash
Updated over a week ago

Why am I seeing $0 for expenses?

This article describes the representation of your expenses in your Plan.

Written by Nancy Gates
Updated over a week ago

Disbursements

This article describes the functionality of a Disbursement in My Plan.

Written by Nancy Gates
Updated over a week ago

Deductible expenses

This article describes how to account for deductible expenses in your Plan.

Written by Nancy Gates
Updated over a week ago

One Time Expenses and Disbursements

This video describes the use of One Time Expenses, Disbursements and Transfers in My Plan.

Written by Nancy Gates
Updated over a week ago

Should I include property taxes in my expenses?

This article explains how to model property taxes in your Plan.

Written by Michelle Dash
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.

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.

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

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.

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.

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.

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.

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.

Written by Michelle Dash
Updated over a week ago

Money Flows

When are RMDs taken within the Planner?

This article explains when Required Minimum Distributions are modeled to be taken and how they are handled.

Written by Davorin Robison
Updated over a week ago

What is Excess Income?

Excess income is money that is not earmarked in your plan to be saved or spent.

Written by Michelle Dash
Updated over a week ago

How to set your Excess Income in My Plan

This video demonstrates modeling your excess income.

Written by Nancy Gates
Updated over a week ago

Withdrawal Strategies

This article describes the 3 withdrawal strategies available in PlannerPlus.

Written by Nancy Gates
Updated over a week ago

How to customize your withdrawal strategy in My Plan

This video demonstrates how to customize your withdrawal strategy.

Written by Nancy Gates
Updated over a week ago

How to move money in and around your Plan

This video demonstrates the use of transfers, one-time expenses, and disbursements.

Written by Nancy Gates
Updated over a week ago

Roth Conversions

Roth Conversion FAQs

This article describes Roth Conversions and the various ways you can explore Roth Conversion strategies in your plan.

Written by Nancy Gates
Updated over a week ago

How to model Roth Conversions

This article describes how to model Roth Conversions.

Written by Michelle Dash
Updated over a week ago

How to model Roth Conversions in Money Flows

This video demonstrates how to model a Roth Conversion and discusses underlying assumptions around accounts and taxes.

Written by Nancy Gates
Updated over a week ago

How to use the Roth Conversion Explorer in My Plan

This video demonstrates the use of the Roth Conversion Explorer.

Written by Nancy Gates
Updated over a week ago

Why does the Roth Conversion Explorer suggest Conversions while I'm still working?

This article explains why the Roth Conversion Explorer may suggest conversions while you are still working.

Written by Nancy Gates
Updated over a week ago

Why doesn't the Roth Conversion Explorer suggest an optimization plan?

This article documents common solutions for Roth Conversion issues.

Written by Michelle Dash
Updated over a week ago

Why do my Roth Explorer conversions start at 60?

This article explains why Roth conversions may start at 60.

Written by Michelle Dash
Updated over a week ago

Scenarios and Printing Your Plan

How to create and access Scenarios in My Plan

This article describes the use of Scenarios.

Written by Michelle Dash
Updated over a week ago

How to create a Scenario in My Plan

This video demonstrates how to create a Scenario in your Plan.

Written by Nancy Gates
Updated over a week ago

What information is shared among scenarios?

This article explains which fields are shared between scenarios.

Written by Michelle Dash
Updated over a week ago

Why are my scenarios missing accounts?

This article explains the impact of a change to to the way accounts are shared among scenarios.

Written by Michelle Dash
Updated over a week ago

How to print your retirement plan

In this video you will learn how to view a print friendly PDF of your retirement plan.

Written by Michelle Dash
Updated over a week ago