Goal-seeking, modular calculation engine optimizes calculation of benefits and
values to your specifications.
Optimum Maximum Benefit For Key Employee(s)
Goal-seeking logic selects the optimum salary/benefit ratio to maximize monthly
owner benefit and minimize employee cost.
Wash Loan Models -
Automatically generate scenarios to pay for taxes and premium
Calculation Visibility -
Instant Recalculation Thumbnail for all employee Annuity and Life Insurance
Benefits and Costs
Flexibility
Plan parameters are easily customizable, giving a producer numerous options when
designing a plan to meet a client's benefit and cost expectations.
Adjustable Years Of Funding
Adjustable Years Until IRA Withdrawal
Adjustable % Of Annuity vs. Life Insurance Investment
Adjustable Benefit/Salary Ratio
Elect for Waiver Of Premium
Adjustable Estimated IRA Interest Rate Model
Adjustable High And Low Tax Rate Scenario Generator
Reliability
The 412(i) proposal calculator is designed by a team of expert professional
actuaries and technology developers that continuously subject it to rigorous
limit testing.
The process and output reliability make this both an invaluable utility for
plan producers, and an excellent training tool for those new to 412(e)(3).
Life Product Rates -
Updated regularly on carrier schedule including table rating categories
Employee Census -
Uniform census data is used for a variety of annuity and life products
Upgrades / Quality Control -
Constant developments and upgrades keep the system current, and make periodic
changes to IRS code, insurance rates, and business rules transparent to users.
Compliance
The core of PlanGen IllustrationNET412(i) is a code compliance engine that
provides consistent rule enforcement during the plan design phase, insuring
that only sales worthy plans are produced.
§415 Limits
"Top Heavy" Rules
§410(e) + §401(a)26 Testing
PlanGen systems can also integrate the logic of unique business process rules
so that all plans meet corporate product specifications.
