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Trust Builders Releases Maximum Contribution Tool for Advisers

The firm’s new module will complement other tools designed to assist advisers in helping their clients determine their overall retirement readiness.

By Javier Simon editors@strategic-i.com | April 21, 2017

Trust Builders has launched the Maximum Allowable Contribution (MAC) module for the TRAK-Online retirement readiness portal. MAC allows advisers to gauge clients’ maximum annual contribution to 403(b), and 457 accounts including the 402(g)(7) limit and double-up options.

“Helping advisers educate clients has always been our mission,” says Ed Dressel, president of Trust Builders. “With the addition of the MAC module, advisers can educate clients about their 403(b) and 457 contributions, helping them understand their options and motivating them to take action.”

Moreover, advisers can incorporate one of more than 650 public pension plans in the module’s illustration. The results and any resultant client action can be reported into other TRAK-Online modules such as the Gap Analysis or Paycheck calculator, allowing new contribution levels to become part of a complete retirement plan.

The MAC module was previously available only in the desktop TRAK application. Now, it’s being rolled out as a feature of TRAK-Online. It complements the portal’s Gap Analysis, Strategic Social Security, Paycheck, Batch Processing, and Split-Annuity modules

For more information visit www.AskTRAK.com/trak-online.