Osaic, formerly Advisor Group, is partnering with IncomeConductor to launch two enhanced versions of its retirement income planning system, dubbed NextPhase Pro and NextPhase Plus.
Some 600 advisors currently use the original NextPhase solution with their clients, according to the firm.
Moving forward, NextPhase Plus will offer advisors and their clients automatic retirement income plan calculations provided by the original NextPhase platform, complemented by new features including Social Security optimization and risk management alerts.
NextPhase Pro will offer the same features as NextPhase and NextPhase Plus, with added Roth conversion modeling, required minimum distribution projections and tax overlay. NextPhase Pro will also provide individualized health care cost projections and calculate income-related monthly adjusted surcharges to Medicare premiums.
