Product update | NaviPlan 20.4 release

December 10, 2020 by John Heinen

About the author

John Heinen

Chief technology officer

As chief technology officer, John provides strategic, operational, and programmatic support of our products to the greater Advicent organization, our partners, and the industry. He leverages his decades of software development and product management experience to define business and product strategies, work directly with clients in providing technology solutions, and build product and service delivery organizations that deliver results while meeting regulatory requirements.

Our latest release of NaviPlan distributes annual updates to tax and college expense data and provides miscellaneous updates.

Morningstar updates

Morningstar updates impact asset class rates of return, standard deviations, and correlations, as well as model portfolio weightings.

Peterson college expense data updates

Peterson college expense data updates reflect reported 2020 values for tuition and room expenses.

US state tax updates

This release updates all state-level tax calculations for 22 states based on recently published income tax rate. Seven states have updates to estate/inheritance tax rates and exemptions. The remaining states needed no updates in NaviPlan at the time of review.

Miscellaneous updates

This release delivers miscellaneous improvements to performance, accuracy, and display of results to enhance user functionality and experience.