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Retirement planning with basis
Old 11-11-2018, 07:06 PM   #1
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Retirement planning with basis

I've been working on planning multi-year roth conversions and included the tax basis in all accounts that made sense. I then thought about the the retirement income planners. I don't recall that any of those I've used took tax basis into account.

In taxable accounts and TIRAs tax basis can have some affect.

Having 1 MM in a taxable account is nice. With a tax basis of of 1 MM would be nicer. Same with TIRA's basis as it reduces taxes due upon withdraw.

Is anyone aware of a retirement planner that accounts for embedded tax basis?
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Old 11-11-2018, 07:11 PM   #2
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i-orp allows you to enter your basis and takes that into account when calculating taxes.
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Old 11-11-2018, 07:14 PM   #3
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I am not sure if it will provide the data you need, but it looks like ORP (see the "Extended ORP" tab) captures cost basis for taxable accounts.
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