(April 20 – 16:20 ET) – Fimetrics Systems, developers of RRIFmetic, have released
of Version 2.0 of the program.

Paul Martin’s recent major overhaul of the tax regime represents a quantum change to the way income tax will impact the financial planning process, says Fimetrics.

Version 2.0 is primarily a tax release. All the recent changes to the federal tax code are included: fully indexing the tax brackets, the OAS clawback and age 65 thresholds, reducing the 26% mid level rate to 23%, the new 66% capital gains rate.

All aspects of the new ‘tax-over-time’ math have been addressed.

Several additional features, including multiple deferred capital gains entities, Universal Life, improved smoothing math, additive net income targets, full spreadsheet pass through are in the new version as well, says Fimetrics in a press release.
-IE Staff