A Transfer Flow in eMoney will...

A Transfer Flow in eMoney will...

• A. Show transfer of funds to external accounts
• B. Demonstrate movement of money between client and spouse owned portfolio assets in the cash flow projection
• C. Record a loan between accounts
• D. Track tax payments in real time

Answer: (B)

Transfer flows model internal shifts of funds within the plan’s cash flow projection. They show how money moves between accounts owned by the client and the spouse within the portfolio, such as transfers resulting from rebalancing or inter-spousal reallocations, and how those moves affect projected balances, income, and withdrawals over time. This helps you see the impact of these internal transfers on the overall cash flow without involving external accounts. It isn’t used to track transfers to external accounts, record loans between accounts, or track tax payments in real time, which are handled by other features and transaction types.

Transfer flows model internal shifts of funds within the plan’s cash flow projection. They show how money moves between accounts owned by the client and the spouse within the portfolio, such as transfers resulting from rebalancing or inter-spousal reallocations, and how those moves affect projected balances, income, and withdrawals over time. This helps you see the impact of these internal transfers on the overall cash flow without involving external accounts. It isn’t used to track transfers to external accounts, record loans between accounts, or track tax payments in real time, which are handled by other features and transaction types.