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401(k) Illustration Software


Dawn Hafner

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Posted

Does anyone know of a stand alone system that prepares illustrations for participants showing them their different potential account balances at retirement based on different savings rates.

I would want it to take into account any employer matching, current account balance, age, marital status, exemptions, compensation inflation, and possibly different rates of return.

Thanks.

DMH

Posted

Several years ago (1995?), we purchased a product called 401(k) Forecaster Fastanswer. marketed by an outfit called Village Software (1-800-724-9332). It was a fancy Lotus 123 spreadsheet that produced some good looking charts and numbers. Pretty flexible up to a point, however it did not handle state taxes (especially Alabama's) very well.

Village Software is still in operation and has a website villagesoft.com

[This message has been edited by RJM (edited 06-01-2000).]

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