Yes, accounts that are deferred compensation can be linked or you can manually add them. You can then set the payout start and ending ages for the deferred [...]
Article search results for : "Link accounts"
126 ArticlesI want to manually add the holdings that make up my investment accounts and have the balances update each time I log in without linking them. How do I do this?
You can enter your holdings using the ticker symbols. WealthTrace will fetch the most recent price for each holding and apply that to the balance. If the number of shares of a holding changes, you must manually update this. You can see how to enter multiple holdings manually in the screenshots below. Note that you do not need to update any of this information if you link your [...]
Can I edit the name of an investment account that I linked?
Yes, open the account in Cash Flow Inputs > Investment Assets and change the name [...]
How do I enter an investment account without linking it?
Go to Cash Flow Inputs > Investment Accounts to add an investment manually. You can select from a variety of account types to add and you can then enter information such as the balance, contributions, and even [...]
Do my linked investment accounts use the historical performance of each fund to project future annual returns?
No, the program uses historical performance for various asset classes to project future annual returns for each investment. Each linked investment holding is mapped to one of the asset classes in the program and will use the Annual Return for that asset class. You can read more about viewing and editing the Annual Returns for asset classes [...]
My linked investment accounts are not updating. The balances are old. How do I update them?
Click on the accounts with a warning symbol on the dashboard. The program will ask you to re-enter your login credentials. You only need to do this one time for each broker, not for each investment [...]
I linked an account and some of the holdings have incorrect asset classes. How do I change these?
You can edit the asset class for any holding by going to Cash Flow Inputs > Investment Accounts. You can assign one asset class to a holding or even assign a mix of asset classes. The application will remember this change going [...]
How does the setting Rebalance Investments Annually work?
If the setting 'Rebalance Investments Annually' is set to Yes, the balances of accounts in each investment section will be rebalanced back to their share that existed at the beginning of the first year. For example, let's say you have two investment accounts in the Qualified Tax-Deferred section. The first has a starting balance of $500,000 and the second has a starting balance of $400,000. The [...]
How can I control which accounts are used first for withdrawals?
WealthTrace generally withdraws funds from accounts in the order they are listed. If a Roth account is being used before a taxable account, review the account order and move the accounts you want to use first higher in the list.Click the Reorder Rows button, then drag and drop the accounts into your preferred order, as shown in the screenshot below. Move the accounts you want WealthTrace to use [...]
I have a financial advisor that charges a percentage fee. I also want to add fees for fund expenses. How do I do this?
You can add investment fees from the Plan Settings section.To apply fees to every investment account:Click Plan Settings on the navigation menu. Select the Investment Fees tab.Enter the applicable investment fees in the fields shown in the first screenshot below.Your changes will automatically save.For example, entering fees that total 1.25% annually will apply a 1.25% annual fee to every [...]