We\’ve made it easier to model the tax-advantages of contributing to a retirement plan.
Now, when you designate contributions that typically occur \”pre-tax\” (such as those to a 401K or Traditional IRA), OnTrajectory automatically excludes those contributions from taxable Income — meaning you needn\’t adjust your tax-rate to account for those contributions.
We\’ve also added Retirement Plan Contributions to the \”Incomes\” data table so you can easily see all contributions excluded from taxable income, as shown below:
Remember, we are constantly rolling-out new features, so be sure to log on frequently – and don\’t forget to update your progress while you\’re there!
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