This release reflects our continued focus on helping advisors navigate increasing complexity across retirement, tax, estate, and cash‑flow planning with greater precision, flexibility, and confidence.
"These enhancements reflect how financial planning is evolving. Advisors need tools that keep pace with regulatory change, reflect real-world complexity, and support better conversations with clients. MoneyGuide and Wealth Studios are built to do exactly that."
Matt Wilson, Head Business Strategy for MoneyGuide at Envestnet
Expanded retirement contribution modeling
Legislation, including the SECURE Act 2.0, has introduced new contribution requirements and catch-up rules that can materially affect retirement projections.
This release expands retirement contribution modeling to help advisors more accurately reflect current law and clearly evaluate the long‑term impact of contribution strategies.
Our latest updates include support for:
- Roth catch-up contribution rules for high-wage earners
- Automatic annual contribution increases and employer plan caps
- Updated federal tax assumptions, including age-based deductions and temporary State and Local Tax (SALT) deduction changes
These improvements help ensure retirement plans reflect current law and clearly show the impact on long-term cash flow and outcomes.
State-level tax modeling controls
Taxes play a central role in retirement income strategy.
Advisors can now apply more granular state‑level tax assumptions across key income sources, allowing for more realistic modeling of after‑tax outcomes.
This includes enhanced modeling for:
- Social Security income
- Pension income
- Qualified retirement withdrawals
This added control is especially valuable when modeling client relocation or multi-state income scenarios, or when managing evolving tax environments, such as SALT deduction rules.
Tax planning premiums view for Medicare impact
Understanding how taxable income decisions affect Medicare premiums is critical in retirement planning.
The new Tax Planning Premiums View illustrates how strategies such as Roth conversions or distribution timing can influence future Income-Related Monthly Adjustment Amount (IRMAA) surcharges and Medicare premium tiers, giving advisors a clearer, more intuitive way to explain downstream income consequences.
This view helps advisors more effectively explain the downstream impact of tax decisions and supports more informed trade‑offs between income, taxes, and healthcare costs.
Estate and legacy planning enhancements
As multi-generational wealth strategies become more complex, advisors need planning tools that reflect real-world estate structure and outcomes.
MoneyGuide and Wealth Studios now include:
- Improved estate-tax modeling at first death
- More accurate probate treatment
- Detailed annual gift tracking
- Enhanced trust growth and beneficiary visibility
Wealth Studios further expands planning flexibility with:
- New trust principal distribution strategies
- Enhanced entity-level asset and business sale modeling
- Greater flexibility across trusts, businesses, and individual ownership structures
These updates allow advisors to model real-world estate strategies with greater realism and precision. For example, trust strategies now support gift splitting based on trust type, with specific logic for SLATs and Grantor-Retained Annuity Trusts (GRATs).
For illustrative purposes only. Not based on actual client data.
The “Split gift?” input is set by default based on the Planning Assumptions > Tax Assumptions page. Users can control gift splitting at both the global and strategy levels.
Flexible cash-flow and funding strategies
Real-world planning rarely follows a single funding path.
Wealth Studios now supports multiple funding sources per expense, enabling advisors greater control over sequencing and account selection and funding logic for major goals. Additional enhancements include:
- Clearer ownership-level balance-sheet summaries
- Customizable asset category ordering
- Enhanced five-year cash-flow views
- Streamlined, client-ready print outputs
These improvements make it easier to present complex strategies clearly—whether in live meetings or client deliverables.
MoneyGuide remains one of the industry’s most trusted and widely used financial planning platforms, known for its intuitive, goal-based experience and hallmark real-time scenario modeling. Combined with Wealth Studios’ advanced cash-flow, tax, and estate planning capabilities, Envestnet helps advisors meet the moment, from straightforward client needs to the most sophisticated wealth strategies.
To see these updates in action, request a demo or give us a call at 1-800-841-5312.
