| Feature | Description |
| Tax Rate Brackets | - Add an illustration displaying tax rate brackets. Requires effective-brackets feature key be enabled. US region under Plan Settings/Federal-State Tax Brackets and visible if two or more tax brackets.
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| NEW- Planned Withdrawal Type | - We added a scheduled withdrawal type called Annual GMIB and you may now select a Variable Annuity as a source account to schedule withdrawals of GMIB income.
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| Cash Flow Charts | - Fixed an issue where Loan Payments and Insurance chart items appeared in the opposite order between AdviserGo and the Report Cash Flow Charts.
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| Transfers | - When a user adds a transfer from an account edit screen, the UI now requires the user define if the account is the target or destination account.
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| Action Item Report | - Improved Transfer Reporting for Roth Conversions by listing actual transfer amount and source. Each transfer will correlate to a single action item titled with the target account.
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| Feature | Description |
| Accessibility | - Added accessibility form controls to the client password input, and an error message if the password is wrong or empty.
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| Employments | - Fixed a bug where dividends were not included in the dashboard value for Employments on subsequent saves.
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| Let’s See Charts | - Fixed a bug where the UI resets the chart type when the user navigates away.
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| Investment Returns Insight | - Users can now choose whether to include or exclude cash accounts in the calculation.
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| Roth Conversion Insight | - Fixed an issue where a person ID is showing instead of name.
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| Integration- Pershing | - Pershing Import Integration is available in Beta. Want to be a beta tester? Contact Voyant Support.
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| Feature | Description |
| New Feature: Generate What-If Plan from Insight Results | - Currently enabled only for the Longevity Risk and Roth Conversion insights. Click the eponymous button to Create a plan from the results of insights and dive deeper. Coming soon to additional insights.
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| Transfers |
- The UI now seamlessly handles changes to transfer events. When converting a recurring transfer to a single event, the start event automatically becomes the single event. The end event is discreetly retained, ready to reappear if the transfer is switched to recurring.
- Added validation to prevent creating a transfer without a source account
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| Monte Carlo | - Corrected an issue where the spouse age was intermittently plotted on the Monte Carlo chart.
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| Variable Annuities |
- You can now add beneficiaries to variable annuities to allocate payouts on mortality.
- Variable Annuities now rollover to an IRA of a beneficiary.
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| Linking Properties from a Debt | - Resolved an issue where newly linked properties from a debt did not consistently save.
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| Insights |
- Insight results charts will now display results using real money values.
- Annuity Insight can now be saved to the plan.
- Roth Conversion Insight can now be saved to the plan.
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| Feature | Description |
| Accessibility Improvements | - A number of accessibility improvements have been made including:
- Users can now navigate the charts with their keyboard.
- Screen readers will now announce the legends for the charts.
- Users can now click on the labels in the charts with the keyboard.
- Upgraded the charting library used in AdviserGo to provide additional options to address accessibility needs.
- Corrected multiple table headings and structure.
- To enhance keyboard navigation, all interactive buttons and links now receive clear visual focus indicators when tabbed through. These indicators may include an underline, a change in font weight, a background color change, or a border around the focused item. This enhancement ensures that keyboard users can easily identify and interact with elements throughout the application.
- Corrected several roles issues.
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| Broker Dealer Registration | - Option available to request and include your firm’s name on registration page for new users; ex. Sign up intended for [YOUR BD Name]financial advisers only.
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| Icons |
- We implemented a refreshed set of icons across our entire product suite, designed to embrace a contemporary design with increased contrast, improving comprehension at a glace. Customized icons are not affected.
- Enhanced the report bar charts with new event icons and a restructured event representation.
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| Plan Promotion | - Addressed items related to promoting the following entities from child plans to base plans.
- Trusts with Beneficiary Information applies to trusts in Canada, the United States, and Australia.
- Companies with Common and Preferred Share Ownership:
- Common share ownership and preferred share ownership percentages for companies in child plans will now be promoted correctly to the base plan.
- This applies to companies in Canada, the United Kingdom, and Australia.
- Term Life/Whole Life/Protection - Beneficiaries and Maturity Data:
- Beneficiary percentages for Term Life, Whole Life, and Protection insurance policies in child plans will now be retained when promoted to the base plan.
- Maturity data for insurance policies in child plans will now be promoted correctly to the base plan.
- These changes apply to insurance policies in the United States, the United Kingdom, and Australia.|
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| 2024 Updates | - 2024 IRS contribution, threshold and other tables updated. Major updates include IRA contribution increase of $500 from $6,500 to $7,000, and annual gift exclusion increase of $1,000 from $17,000 to $18,000.
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| Feature | Description |
| Cash Flow Detailed Report | - The stack order of an Insurance on the Cash Flow Detailed chart has been adjusted to match with the ordering on the PDF report. Previously, Insurance was displayed as the last element in the chart but was listed as the third item in the report.
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| Sample Clients | - Advisers can now add sample clients to their AdviserGo accounts with ease. Simply click the Sample Clients tab on the advisor homepage to see a list of pre-created clients that you can add, and optionally, copy and give a custom name. Requires show-sample-client feature key.
- Click the Sample Clients tab on the advisor homepage.
- Browse the list of sample clients and click the one you want to add.
- If a sample client with the same name already exists, you'll be prompted to either create a new copy or navigate to the existing client.
- If you are creating a new copy, you will be able to specify the client type and first and last name.
- Click Save to add the client to your account.
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| Planned Withdrawals | - Corrected an issue where non-Roth accounts were able to be withdrawn as Max without penalty.
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| Investment Returns | - The Investment Returns Insight now includes cash accounts in its calculations.
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| Roth Accounts | - Roth IRA and Roth 401(k) accounts now offer early withdrawals without penalty option.
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| Monte Carlo | - Monte Carlo Insight in AdviserGo now includes Net Worth Goals and goals created in ClientGo.
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| Cash Value Life Insurance | - Cash Value is a form of permanent life insurance that provides lifelong coverage and accumulates cash value over time.
- *Cash value growth:* A portion of the insurance premium goes to the cash value, which can grow either with a fixed rate or based on a selected portfolio. Real growth rate is limited by a cap, floor, and participation rate.
- *Withdrawals:* Allow withdrawals from cash value. If the total withdrawal is greater than the cost basis (the total amount contributed to the cash portion), gains will be taxed as ordinary income.
- *Death benefit:* The death benefit is the maximum value between the cash value on death and the preset death benefit.
- *Policy input:* You can input a policy manually or upload a CSV file.
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| Social Security Insight | - Compare Social Security Benefits by easily adjusting retirement age and life expectancy to maximize benefits. Contact Voyant to enable this feature.
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| Roth Conversion Insight | - The new Roth conversion insight allows users to prepare a what-if plan for Roth conversions. This feature allows users to compare the results of a Roth conversion to their original plan, including the impact on their legacy, inheritance, taxes, RMDs, and shortfall saved. Contact Voyant to enable this feature.
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| Voyant Disclaimer | - Updated the Voyant default disclaimer in client reports to be more informative.
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| Custom Market Assumptions | - Improved the accuracy of correlation coefficients file uploads by adding additional validation.
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| Feature | Description |
| NEW Insight: Long Term Care | - Can now model Long Term Care insurance to enhance discussions with your client.
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| NEW Insight: Disability Insurance | - Can now model loss of income with disability insurance in a plan.
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| NEW Ownership Transfer (non-trust accounts) | - This release implements item ownership transfer functionality for non-trust accounts and investments. This feature allows plan members to gift items to other plan members.
- Tax implications: When an item is transferred, the original owner may be liable for capital gains tax.
- Lifetime gift/estate exemption (LTA): Transfers to people in the plan, other than the transferor's spouse, increment the LTA. Transfers to people outside of the plan increment the LTA only if the amount transferred exceeds the annual gift allowance.
- Jointly owned items: When a jointly owned item is transferred, the LTA is incremented for both owners.
- Spouse transfers: Transfers to a spouse do not have any LTA or tax implications.
- Transfers outside of the plan: Transfers to people outside of the plan can currently only be done with property.
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| Insights | - Added a dual chart view to insights to allow comparison of insight chart to plan chart, and other improvements in design and labelling consistency across insights.
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| Client Invites | - Advisors now have the option to deliver the client PIN manually if the client is unable to access the PIN via SMS.
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| Feature | Description |
| College Search | - The College Search module has been updated with the most recent data, including tuition and fees from over 6,200 U.S. colleges and universities.
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| Donor-Advised Funds | - Allow people to get tax deduction when they contribute to DAF. The fund in DAF can grow tax-free and be donated to charity in the future. The tax deduction rules and other key features are listed below:
- When we donate cash, we can get a tax deduction up to 60% of AGI.
- When we donate asset (investment), we can get a deduction up to 30% of AGI. If the asset has gains and we directly transfer it to charity, there won�t be realized gains. If the asset has loss, we may choose to liquidate it to realize the loss and then donate the cash.
- The unused deduction can be carried forward for up to 5 years.
- Only allow savings/checking/investment account to transfer to DAF. When transfer from investment account to DAF, we can see an option on the transfer view allowing users to decide whether liquidate the asset before transferring to DAF.
- The tax deduction first reduce the taxable income (shows under Below Line Deduction), then are applies to adjusted net capital�gain (shows under capital gains deductions).
- In legacy view, we can see a new field called Total Charitable Impact. The value is the sum of legacy expense the client creates during his lifetime plus the remaining fund in DAF.
- Cannot withdraw from DAF directly. Only allow DAF to fulfill legacy expense to charity.
- No tax deduction when using DAF to fulfill charitable expense (Deductions occurs when contributing to DAF).
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| Roth 401k | - Fixed a bug where a decimal Roth percentage input resulted in a miscalculation for the Traditional Contribution Percentage
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| Plan Promotion | - Outdated Onetime Payments and Pension Drawdowns are removed from plan.
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| Feature | Description |
| Reverse Mortgage/Equity Release |
- Reverse Mortgage is now available in AU and US. Equity Release is now available in UK & IE. Advisors can now add this model when creating or editing a property. Advisors can also add it via the plus button under Debts.
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| Potential Estate Tax Simulation |
- Added a Potential Estate Tax simulation which generates the potential estate tax for every year. If the client has a spouse, we assume the same mortality year to calculate estate tax. This feature is only available on our core environments at this time.
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| Future Property Purchase and Mortgages |
- Updates to Debt calculations as follows: Present Value Debt Payments are now grown using the Inflation Rate of the linked asset, Debt payments are rounded up to the nearest dollar and last the full term resulting in the final payment being slightly reduced.
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| Pension Optimization |
- Defined Benefit Pension supports survivorship pre-start event beginning at owner mortality event.
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| Income vs. Expenditures |
- Income vs. Expenditures includes Legacy gift Expense and Whole Life Insurance expense in the Allocated to Savings section.
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