So, you think you're a true Voyant fan? Put your knowledge to the test by seeing how many of our yearly improvements you're familiar with. In case you missed it, here are some of the features Voyant has released in 2018. Get familiar with them and let us know if you have any questions! This blog post is part of a series of ICYMI (In Case You Missed It) feature posts)
Planned Withdrawals, Withdrawal Limits, Steps, & Transfers are now fully available in Adviser and AdviserGo. Here is how to make the most of them:
Planned withdrawals had previously been available as a hidden feature under "Pensions." However, Planned Withdrawals are now their own model item with a respective dashboard.
While you certainly do not have to create a Planned Withdrawal, this new useful tool can creatively help you cover a client’s shortfall or ease their plan into a deaccumulation phase. In other words, Withdrawals help deliver income streams.
Right alongside withdrawals, withdrawal limits are now enacted to ensure that withdrawals never exceed what you or the client anticipate. Please be aware that withdrawal limits override the planned withdrawals themselves.
Step Up & Step Down are now available as "steps" within AdviserGo. Steps/SU&D can be used to increase or decrease any one modal item - including withdrawals - over time.
Unlike a Planned Withdrawal, the primary purpose of the Transfer is to move money between accounts, rather than to create an income stream, eliminate shortfall, or make use of surplus. Transfers can be thought of as "intra-account."
