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Last Announcements

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Monthly Plan Updates - June 2026

Great news: June data and plan updates are complete! Income Lab is committed to keeping your plans current and up-to-date. At the beginning of every month, Income Lab updates all data used in our software and automatically updates all of your Tracked & Monitored plans. That means these plans are never stale and you are working with the latest data and assumptions. With this latest update: Default capital market assumptions have been updated. Tracked & Monitored Plans have updated values (account balances, longevity and plan length, inflation/purchasing power, guardrails, etc.) and plans have been checked for adjustments (guardrails, inflation adjustments). Economic context variables used in Historical Analysis have been updated to reflect data through the end of May 2026. Retirement Stress Test examples and Historical Analysis graphs now include one more month of history. Please to check whether any of your Tracked & Monitored Plans are calling for adjustments.

Monthly Plan Updates - May 2026

Great news: May data and plan updates are complete! Income Lab is committed to keeping your plans current and up-to-date. At the beginning of every month, Income Lab updates all data used in our software and automatically updates all of your Tracked & Monitored plans. That means these plans are never stale and you are working with the latest data and assumptions. With this latest update: Default capital market assumptions have been updated. Tracked & Monitored Plans have updated values (account balances, longevity and plan length, inflation/purchasing power, guardrails, etc.) and plans have been checked for adjustments (guardrails, inflation adjustments). Economic context variables used in Historical Analysis have been updated to reflect data through the end of April 2026. Retirement Stress Test examples and Historical Analysis graphs now include one more month of history. Please to check whether any of your Tracked & Monitored Plans are calling for adjustments.

✨ Meet Penny!

✨ JUST ASK PENNY: Upload and analyze 1040s Summarize client tax situations and surface observations instantly Explore marginal rates and Roth conversions interactively Compare detailed strategies and see tax impacts to take long-term plans into today's actions But it's not just tax! Penny gives you Medicare and ACA planning, IRMAA Appeals, estate optimization, and more! Plus, gives you deep practice intelligence that lets you find insights and opportunities across your whole client base to deliver even more value to more people. Join a Penny Training Webinar ↗

Monthly Plan Updates - April 2026

Great news: April data and plan updates are complete! Income Lab is committed to keeping your plans current and up-to-date. At the beginning of every month, Income Lab updates all data used in our software and automatically updates all of your Tracked & Monitored plans. That means these plans are never stale and you are working with the latest data and assumptions. With this latest update: Default capital market assumptions have been updated. Tracked & Monitored Plans have updated values (account balances, longevity and plan length, inflation/purchasing power, guardrails, etc.) and plans have been checked for adjustments (guardrails, inflation adjustments). Economic context variables used in Historical Analysis have been updated to reflect data through the end of March 2026. Retirement Stress Test examples and Historical Analysis graphs now include one more month of history. Please to check whether any of your Tracked & Monitored Plans are calling for adjustments.

Discussions

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Neil Damato
·Posted in Discussions

Using Income Lab to Transition Into a Retirement Paycheck

For those of you using Social Security workshops as a way of getting prospects to your office, I’m curious how you’re handling the next step. I’m a brand-new Income Lab user. My current process is to run Social Security educational workshops, then invite prospects in my office for a complimentary review (using another software program) to identify their optimal filing strategy…their “Social Security sweet spot.” That part works well. Where I’m looking for ideas is what happens after that. Once you’ve helped someone optimize their Social Security, how are you using Income Lab to transition into a broader retirement income distribution planning conversation? Specifically, how are you presenting Income Lab so it naturally opens the door to deeper planning work? Would love to hear how others are structuring that handoff. Thank you!!
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Mary Snow
·Posted in Discussions

Dramatic guardrail shifts

Anyone else have some of their Tracked & Monitored plans experience pretty dramatic shifts in their guardrails after the April update? We had some upper guardrails drop considerably and at least one lower guardrail bounce up a lot. I'm guessing it's partly related to market volatility in the last quarter? but I admit I don't fully understand how the guardrails are calculated. We booked a training session to try to get some clarity but just curious if anyone else has seen similar shifts in their client plans.
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Mawukle Yebuah
Mawukle Yebuah
Income Lab Team
·Posted in Discussions

Penny Feedback

We'd love to hear your feedback about Penny! Please post any comments, ideas, or issues in the thread below.
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MS
Mary Snow
·Posted in Discussions

Insights

I'm excited to see the "Insights" tab making its debut in our plan scenarios! I know it's still in Beta but I hope you add a "print to PDF" option for this screen. It's a great snapshot to include in reports.
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Upcoming Events

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Lab Talk Tuesday - Income Lab User Webinar June 2026

Date & Time - June 16, 2026 2:00 PM EST Income Lab's Justin Fitzpatrick and Derek Tharp answer crucial questions from you about retirement planning and how to improve your distribution planning with Income Lab software. Please submit your user questions to [email protected] , or DM @Income-Lab on LinkedIn. Agenda: New features How-to: Pick a topic Pre-submitted Q&A Open Q&A
RSVP

Penny User Group Training

June, 17 2026 | 2:00pm EST Join us for a live group training session on Penny! In this session, we'll walk through how Penny helps you answer complex planning questions in real time, from tax cliffs and Roth conversions to IRMAA thresholds, Social Security timing, estate consequences, and more. Every calculation is verifiable and connected to your client's actual plan, not a separate tool or standalone estimate. We'll demonstrate real advisor workflows using Penny's structured tools, including the Marginal Rate Explorer, Roth Conversion analyzer, Scenario Planner, and Tax Summary Report. You'll see how to use natural language to update inputs, compare before-and-after scenarios, and surface planning opportunities you might otherwise miss. Whether you're brand new to Penny or looking to sharpen your process, this session will give you practical ways to deliver deeper, faster, and more confident advice.
RSVP

Feature Webinar: Tax Lab

Watch our Tax Lab webinar to learn best practices for using this tool in client meetings, including navigation tips, key features, and how to turn the visuals into clearer decisions.
RSVP

Penny User Group Training

June, 24 2026 | 2:00pm EST Join us for a live group training session on Penny! In this session, we'll walk through how Penny helps you answer complex planning questions in real time, from tax cliffs and Roth conversions to IRMAA thresholds, Social Security timing, estate consequences, and more. Every calculation is verifiable and connected to your client's actual plan, not a separate tool or standalone estimate. We'll demonstrate real advisor workflows using Penny's structured tools, including the Marginal Rate Explorer, Roth Conversion analyzer, Scenario Planner, and Tax Summary Report. You'll see how to use natural language to update inputs, compare before-and-after scenarios, and surface planning opportunities you might otherwise miss. Whether you're brand new to Penny or looking to sharpen your process, this session will give you practical ways to deliver deeper, faster, and more confident advice.
RSVP