Does Your Software Allow The User To Consider The Impact On IRA Withdrawals?

Oct 23 2018 - 4:17pm

I'm thinking of purchasing your software. Does the software allow the user to consider the impact on IRA withdrawal? More specifically, taking social security benefits (possibly earlier than FRA) allows one to withdraw LESS from their tax deferred IRA account. This (the IRA) being a primary source of income in retirement could allow more money to stay in the market. Does your software allow you to run scenarios with IRA withdrawals in mind? A retiree certainly wants to maximize their social security benefit but also minimize the impact of their IRA. A maximized social security benefit might not always net you the largest net gain if your IRA withdrawals (and potentially significant lost investment return) is not considered also. If your software package does not consider IRA withdrawal impact, can you recommend one that does? Thank you.


We offer several different software options, and it sounds like our Maxifi program should be just what you're looking for. For more information, click on the following link:

You may also want to read the following column that Larry wrote regarding the timing of IRA withdrawals and filing for Social Security benefits:

Best, Jerry