What if the tax rate does not coincide with the income bracket selected?
• On the Assumptions category – Tax tab, users can select a pre-retirement, retirement, and estate income bracket for the client, co-client, and dependants. NaviPlan populates the AverageTax Rate and MarginalTax Rate fields. • If the tax rates shown are not appropriate for the clients’ particular situation, users can enter applicable average and marginal tax rates to be used. • If the average and marginal tax rates are overridden, the income bracket displayed may no longer coincide with the clients’ actual income. • Users should ignore the income bracket displayed as it has no impact on the plan.
