How Income Advantage Works
When a client needs to withdraw cash from accumulated assets, LifeYield Income Advantage looks across a household’s multiple accounts and assets.
It identifies the most advantageous locations from which to sell assets—and the sequence in which they should be sold—in order to minimize taxes and maximize after-tax income.
Create optimal withdrawal strategies—faster.
Calculating withdrawal strategies by hand is time consuming, especially when trying to provide recommendations more comprehensive than simple rules of thumb. Income Advantage cuts the work of hours to a few seconds—and delivers a higher level of accuracy and sophistication as well.
Tailor custom solutions for your clients
No two clients are alike. Each brings unique goals, circumstances, income needs, and investment portfolios. With LifeYield Income Advantage, tailor specific variables to every customer—such as age, tax status, and adherence to a target asset allocation—so you can provide truly personalized withdrawal recommendations.