Retirement Distributions Planner
  • Retirement Distributions Planner (Desktop App)
    $199.00

     

    ** VERSION 2021 NOW AVAILABLE FOR DOWNLOAD!  SECURE ACT UPDATES INCLUDED! **

    The Retirement Distributions Planner is now available in both a desktop application or our new LIVE online single user/enterprise formats.  Both versions have been updated to reflect changes made by the SECURE ACT.

     

    This program calculates required minimum distributions under the  2022+ changes to §1.401(a)(9), the SECURE ACT, as well as 2002 final regulations (as well as the 2001 proposed regs and the pre-2001 rules) from qualified plans, IRAs and Roth IRAs

     

Description

 

 

 

** VERSION 2021 NOW AVAILABLE FOR DOWNLOAD!  SECURE ACT UPDATES INCLUDED! **

Download now!

 

 

 

 

Retirement Distributions Planner is priced at $199 for a single initial license, including six months of coverage (updates sent as released based on tax law changes). Future annual renewal coverage is $82 for a single license.

A current desktop version of Windows is required.

We guarantee your satisfaction with a 30-day money back guarantee.

For multiple licenses or enterprise licensing, please call 803-781-9595.

Version History

Version 2021.00 (Released 3/10/2021)

  • 1.401(a)(9) table has been udpated to reflect the changes for 2022+. This includes the redetermination calculation for nonspousal beneficiaries during the transition time (if they are inheritors in 2021 or before - it will recalculate in 2022).

  • When the spouse is not the beneficiary (main screen), the birthdate on the 'Beneficiary Information' screen was not linking to the beneficiary date on the main screen (for the non spousal beneficiaries).

  • Distributions set to end of year from the Options menu.  For the 10 year rule (nonspouse beneficiaries with SECURE Act), this caused the 11th year to show a balance, which was the growth.  The final year growth should have been included in the 10th year.  Amortize for the 10 year rule -  If the distributions are set to end of the year, it now considers the growth for the year in this calculation, as opposed to a larger distribution in year 10.

  • The option to choose between Lump Sum and Amortization for the 10 year rule is located on the 'Beneficiary Information' window.  Whenever the nonspousal beneficiary panel (with the name, percentage, birth date, disabled, etc inputs) was not visible, the option did not show. The option has been removed from that panel and now will show all the time.   
  • Added a message when an input changes, to let the user know the results are not current until the press enter (or click the button which will recalculate).

Version 2020.11 (Released 10/30/2020)

  • Fixes minor bug when 'Amortize' is selected for the 10 Year Payout under the SECURE Act.  The fund was fully distributed, as expected in year 10, but the schedule was not correctly distributing equal payments with growth.

Version 2020.10 (Released 04/15/2020)

  • Updated to handle CARES Act of 2020.  An input was added to the Assumptions to skip the RMD for 2020 or to calculate it.
  • Modified user input to allow for full birthdates of Nonspouse Heirs.  This was necessary because SECURE Act stipulates that a beneficiary can be exempt if they are 10 years or younger than the plan owner
  • Optimized the retrieval of the AFR file from the Brentmark server
  • Changes were made to the installation software packaging to help with uninstall issues.

Version 2020.02 (Released 03/23/2020)

  • Fixed bug where if the plan owner dies prior to 2020, and the beneficiary (non spouse, or spouse that does not rollover) dies before 2020.
  • Fixed bug where plan owner dies before Required Beginning Date, and Spouse is beneficiary, but does not rollover, and dies after the plan owner's Required Beginning Date.

Version 2020.01 (Released 01/24/2020)

  • Bug fix - when 'Assumed Death Occurs' is not checked for the beneficiary, it always forced a 10 year payout regardless of the beneficiary exempt status.

Version 2020.00 (Released 01/23/2020)

  • Updated for the SECURE Act of 2019
  • All non spouse beneficiaries have additional inputs, such as Disabled, Legal Minor Child to determine exempt status
  • On the Assumptions screen, you can choose to have the 10 year payout in lump sum at end of the 10 years, or have it paid out each year by amortization.
  • Added Brentmark News Channel
  • Modified the feature that searches files for clients that are about to turn 70.5 to 72.
  • New desktop icon
  • New software used for packaging installations
  • EV Certificate used to sign installs/executable.

 

Pricing

Pricing Disclaimer PDF

All Desktop products require the initial purchase of the software and the annual maintenance service fee to remain active and operable. The maintenance service allows your software license to stay current and receive updates, new features, legislative and tax law changes, bug-fixes, etc.  Expiration or lapse of your annual maintenance service fees could result in the requirement to purchase a new license of the software. 

 

The pricing includes the initial purchase of one (1) software license and six (6) months of complimentary maintenance service.  At the expiration of this complimentary maintenance service period (6 months from the date of initial purchase), you will be charged for the first year of annual maintenance service.  Your next fee will be assessed exactly one (1) year later and every year after that for your yearly maintenance service.

 

 

PRICING SCHEDULE

Software License of Brentmark Product (1) 

Included In Initial Purchase

Complimentary Maintenance Service (6 Months)

Included In Initial Purchase

1st Annual Maintenance Service

Billed 6 Months After Initial Purchase

2nd Annual Maintenance Service

Billed 1 Year from 1st

Annual Maintenance Service

Additional Annual Maintenance Service

Billed Yearly from Date of 1st

Annual Maintenance Service

 

 

 

Pricing of Brentmark's products is subject to change without notice.  While we make every effort to provide you the most accurate, up-to-date information, occasionally, one or more items on our website may be mispriced.  If a product listed is an incorrect price due to typographical, photographic, or technical error or error in pricing information received from our partners or suppliers, Brentmark, Inc. shall have the right to refuse or cancel any orders placed for the product listed at the incorrect price.

 

If an item's correct price is lower than our stated price, we will notify you of the price error and order cancellation. You may also choose to receive a refund for the difference in the correct price, and the erroneous price you were charged, or alternately have your order canceled and charged the correct price.

 

Should you have additional questions please Submit a Support Ticket.