Learning Center

Basics 22

• How are inflation rate and nominal rate of return determined and used in MaxiFi?
• Why does the maximum age of life default to 100?
• How to import past covered earnings
• End of Year
• First-Year Accounting for Assets

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Insurance 8

• How can I purchase a life insurance plan that decreases every year to match these numbers?
• How did you come up with the life insurance coverage amount?
• What if I don't see any life insurance recommendations?
• How are Medicare Part B premiums calculated?
• How do I enter Long Term Care (LTC) policy premium?

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Special Data Entry 13

• Special Expenses and Receipts
• Special Data Fields
• Medicare B
• Rates of Return
• Capital Gains and Qualified Dividends

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Housing and Real Estate 10

• Why does my mortgage payment decrease every year?
• One year in my plan has a large negative number in the Housing column, why is that?
• Is my mortgage eligible for the higher pre-TCJA interest deduction limit?
• How do I see the impact of paying off a mortgage early?
• How do I model moving into a home I now rent?

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Spending 9

• Why does my annual discretionary spending amount go up? I thought it was supposed to be the same every year.
• One year in my plan has a large negative number in the Total Spending column. Why?
• How do I leave an inheritance for kids?
• What is Per-Adult Living Standard and how is it calculated?
• How are the adult equivalents for various combinations of adults and children calculated?

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Assets 7

• How do you handle tax advantages of 529 plans?
• How are regular assets and retirement assets accounted for in the reports?
• How can I treat unrealized long term capital gains in regular assets?
• How do reserve funds work?
• How do I enter a Health Savings Account (HSA)?

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Retirement Accounts 10

• How do I change when retirement withdrawals start?
• Why are there retirement withdrawals before the date I set?
• Do you account for Required Minimum Distributions (RMDs)?
• Why is there a large negative net addition to my retirement accounts in one year and then no more assets?
• How does the program help me use a Roth account?

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Glossary 16

• Annuity Income
• Bequest
• Discretionary Spending
• FICA Taxes
• Fixed Spending

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Field-Specific Help 17

• Annual Increase
• Annual Living Standard Index
• Annuities
• Annuity Growth Rate
• Change in Survivors' Living Standard

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Screen Guides 15

• Current/Future Earnings Screen
• Pension Screen
• Annuities Screen
• Social Security Record Screen
• Special Receipts Screen

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