inStream allows you to pro-rate a plan’s current year’s goals, contributions, income, withdrawals, fees, and returns based on remaining days in the year
The following steps show you how to pro-rate the first year inputs in the plan:
- Select a client
- View Plans
- Select a specific plan
- Select the gear icon in the top right hand corner of the plan screen
- Look for the Pro Rate toggle and slide to ON.
- The plan will then need to be recalculated.
For example, we have a $50,000 education goal that starts this year and ends in 2020.
By turning on the pro-rate feature you will see the goal reduced to $47,534 to account for the days remaining in the year.