This is likely due to the setting 'Rebalance Investments Annually'. If this is set to Yes the program will rebalance all taxable accounts and retirement accounts except Roth IRAs and Inherited IRAs. They will be rebalanced to the same percent of the portfolio they were at the beginning of the [...]
Article search results for : "Roth conversion"
15 ArticlesI have an account that is mostly in a regular 401(k), but a portion is in a Roth 401(k). How do I tell the program that a portion of the account is in a Roth?
You can designate the portion of a 401(k) plan that is in a Roth 401(k) as seen in the screenshot [...]
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 [...]
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 prioritize tax-deferred accounts for expenses and taxes?
You can to specific accounts, which overrides the standard withdrawal order for those expenses. Use the setting to prioritize qualified tax-deferred accounts for other withdrawals. You can lock taxable or Roth accounts until a specific age or set them to be used last. This directs WealthTrace to use available tax-deferred accounts [...]