February 1, 2016, Boston, MA – LifeYield, LLC, the leading provider of tax-smart household portfolio management software to financial institutions today announced it will deliver LifeYield Tax Optimizer as part of select Quicken® 2016 products to help improve an investor’s after-tax outcomes across multiple investment accounts.
Previously only available to financial advisors, LifeYield TO™ is now integrated with Quicken 2016 Premier, Home & Business, and Rental Property Manager. LifeYield TO™ enables individual investors to easily manage multiple
LifeYield Tax Optimizer employs a strategy known as Optimal Asset Location, which analyzes how an investor’s assets will be taxed in each type of taxable or
How it Works
An investor with one taxable account and one IRA account chooses an asset allocation that includes an equity mutual fund and an income producing bond. With the traditional approach, each of the investor’s taxable and IRA/401(k) accounts would have the same asset allocation and each would hold both of those assets in the same proportion.
Using a tax-smart Optimal Asset Location strategy, LifeYield TO suggests holding the
“Others claim to provide tax-smart portfolio management, but they are limited to avoiding
LifeYield (www.lifeyield.com), creators of the Taxficient Score®, is the industry innovator and leader in facilitating tax-smart, risk-smart household portfolio management. LifeYield's Advantage Suite® enables financial advisors to provide a comprehensive, tax-aware view of a client's entire investment and insurance portfolio, including easy-to-use tools to engage clients so they make and keep more money, and achieve their financial goals.
Based in Boston and founded by finance and technology industry leaders, LifeYield believes that by leveraging digitally enhanced advice advisors can improve investor outcomes and enhance the value and experience of support goals-based wealth management strategies.
For more information, please visit www.lifeyield.com.
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