LifeYield Social Security+TM for Enterprise
Identify the optimal filing strategy for each client, then transition to a full retirement income planning conversation with visual Income Layers.
More than just a Social Security optimizer
Identify the optimal filing strategy
Run multiple scenarios in real-time to show clients and prospects the impact of different filing strategies and highlight the pros and cons of each one.
Focus on retirement income planning
With Income Layers, advisors can show clients how they will coordinate Social Security with the rest of their retirement income streams.
Position retirement products effectively
Show your expertise by introducing clients to other investment products – like insurance or annuities – when the software identifies income gaps.
Guide clients as they file
Each custom LifeYield Social Security+ report includes detailed instructions for the client’s unique filing scenario that they can bring to their meeting with the SSA.
Out-of-the-box or API
Use our enterprise-ready UI or tap into our proprietary Social Security optimization algorithm via API to enhance your client and advisor experience.
Why LifeYield Social Security+?
Total value created in 2020
$11.3 Billion in Social Security benefits identified
76,000 clients and prospects engaged with the tool
$140,000 additional lifetime income per household
Key Benefits
- Increase revenue by helping clients identify the right filing strategy, reducing the burden on their other retirement assets.
- Visualize all revenue streams to see how they contribute to the overall retirement picture.
- Identify opportunities to fill retirement income gaps with different insurance and investment products.
- Easily transition from questions about Social Security to a full retirement income planning discussion.
The LifeYield Technology Library
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LifeYield Multi-Account UMA Tax Overlay
The LifeYield Tax Overlay is the culmination all LifeYield tax-smart solutions and is designed to easily integrate with your firm’s technology via API.
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LifeYield Asset Location
Measures the tax efficiency of a household portfolio, provides next best actions for reducing tax drag, then quantifies the benefit in dollars.
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LifeYield Multi-Account Rebalancing
Operates alongside your current rebalancing technology to incorporate multi-account tax harvesting and automated asset location optimization.
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LifeYield Tax-Smart Withdrawals
Executes optimized withdrawals from multiple accounts by selling mislocated assets, minimizing drift and identifying opportunities to harvest losses.
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LifeYield Tax Harvesting
Works with our asset location, rebalancing and withdrawal technology to scan all taxable and non-taxable accounts and instantly identify opportunities to harvest gains or losses.
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LifeYield Social Security+TM
Identifies the optimal filing strategy for each client, then enables the transition to a full retirement income planning conversation with visual Income Layers.
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LifeYield Retirement Income Sourcing
Integrates directly with your planning system to create personalized, tax-efficient decumulation strategies.
