They are before income, capital gains, and dividend taxes. The program calculates these taxes for you, both for federal and state. So make sure you do not enter an expense for income taxes, capital gains, or dividend taxes. This would be double-counting. However, you do want to create an expense for property taxes or other local taxes that the program does not account [...]
Article search results for : "Account linking"
126 ArticlesI manually entered an investment with no underlying holdings. I entered it as a single investment account, but it has multiple asset classes. How do I tell the program it is invested in several different asset classes?
You can specify the asset class breakdown for the overall investment account as seen [...]
Where do I view the projected growth of my investments?
You can see this under Cash Flow Projections > Investments And Cash Inflows > Investments as seen below. We show this for Taxable & Tax-Advantaged, Qualified Tax-Deferred, and Non-Qualified Tax-Deferred investments. You can also view this information by each investment by going to Investments (By Each [...]
Are dividends and capital gains taxed at the long-term rate?
WealthTrace assumes the long-term tax rate for dividends and capital gains. Note that WealthTrace takes into account the tax brackets to accurately calculate your tax rate for dividends and capital gains and even calculates if you will pay the Net Investment Income Tax [...]
I have after-tax contributions to my 401(k) plan. Where and how do I enter this?
You can specify after-tax contributions to a retirement account as you see in the screenshot below. The program needs to know the amount of the current contribution that is after-tax and the percent of the current balance that is made up of after-tax [...]
Can I view various projections over time by each investment account?
Yes, you can view many different projections broken out by each investment account as seen in the screenshot [...]
How do I tell the program that college expenses will only be funded by a single investment account, such as a 529 plan?
Enter the college expenses in the Goals & Additional Expenses section. From there, you can select which investment account will fund it as seen [...]
Where do I view or change assumptions such as the distribution type and standard deviations used for Monte Carlo simultions?
After logging in click on your username at the top right and choose 'Account'. Go to the Monte Carlo Assumptions section. From there you can view and edit the distribution type and the standard [...]
Can I view the fees I pay on funds and their turnover
You can view the annual fees paid on funds in both annual percentage terms and dollar terms. Sort by fees to find the accounts you are paying the most fees on. You can also view the annual turnover for [...]
I want spend money in my IRA before I turn age 59.5. But the program doesn't seem to allow it. How do I do this?
You can spend money from Qualified Tax-Deferred accounts before age 59.5. Look at the screenshot below to see how to do [...]