Advisor Controls Platform Updates

Release Notes 2023.1

What’s New

  • No product enhancements included in this release

What’s Changed

  • All platform calculations updated to the most recent tax and retirement figures available for 2023
    • Updated Social Security, Qualified Plan Limits, and Estate Tax Exclusions for 2023
    • Updated calculations and reports for RMD changes included in the Secure 2.0 Act of 2022
    • Updated Inheritance Tax and Estate Tax calculations for all applicable states

What’s Fixed

  • No bug fixes reported in this release

Release Notes 2022.5

What’s New

  • Social Security Pro: A new tooltip was added next to the “Rate of Return/Discount Rate” slider for better understanding of how adjusting this value affects calculations and your client’s presentation.
  • Qualified Plan Concepts: A new prompt was added that allows you to specify whether you’d like to convert the full amount of a Roth IRA in one year, or spread the conversion over multiple years.
  • Life Goals: New text inputs were added to the Summary Page screen that allows advisors to type their proposed recommendations.
  • Life Goals: Advisors can now drag-and-drop to re-order the way that each summary goal appears on the Summary Page screen and printed report.
  • Retirement Plan Simulator: A new prompt was added to the Retirement Goals page that allows advisors to specify whether or not they’d like to reinvest excess cash each year after their client’s first retirement.

What’s Changed

  • Cannex has been removed as a supported integration/integration partner. Affected products are Cash Flow Decisions, and Retirement Income Options.
  • Retirement Income Options has been removed as an included/supported product on the Advisor Controls platform. RIO cases can no longer be modified, viewed, or printed. All RIO subscribers were given access to Retirement Plan Simulator in its place.

What’s Fixed

  • No bug fixes reported in this release

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