Quick Overview
- 1#1: Holistiplan - Visual tax planning software that uncovers and quantifies tax savings opportunities through interactive visualizations.
- 2#2: RightCapital - Comprehensive financial planning platform with advanced tax optimization, Roth conversions, and scenario analysis tools.
- 3#3: Snap Projections - Cash flow forecasting and tax projection software designed for financial advisors to model client tax liabilities.
- 4#4: MaxiFi Planner - Dynamic lifetime financial planning tool with precise tax calculations and optimization for retirement scenarios.
- 5#5: ProjectionLab - Monte Carlo-based retirement planning software featuring detailed tax projections and what-if analysis.
- 6#6: NewRetirement - DIY financial planning platform with robust tax forecasting, deduction optimization, and Social Security analysis.
- 7#7: WealthTrace - Retirement and financial planning software with integrated tax modeling and Monte Carlo simulations.
- 8#8: eMoney Advisor - Enterprise wealth management platform offering tax-efficient planning, reporting, and client portal features.
- 9#9: MoneyGuidePro - Goal-based financial planning software with tax strategy integration and scenario planning capabilities.
- 10#10: Valur - Advanced tax and estate planning software focused on strategies like charitable trusts and opportunity zones.
Tools were chosen based on robust evaluation of key features (including tax optimization, scenario modeling, and user-friendliness), data accuracy, and real-world utility, ensuring they deliver reliable, actionable insights across scales.
Comparison Table
Explore a comprehensive comparison of tax planning software with tools like Holistiplan, RightCapital, Snap Projections, MaxiFi Planner, ProjectionLab, and more. This table breaks down key features, usability, and suitability to help you identify the best fit for your financial planning needs.
| # | Tool | Category | Overall | Features | Ease of Use | Value |
|---|---|---|---|---|---|---|
| 1 | Holistiplan Visual tax planning software that uncovers and quantifies tax savings opportunities through interactive visualizations. | specialized | 9.7/10 | 9.9/10 | 9.1/10 | 9.3/10 |
| 2 | RightCapital Comprehensive financial planning platform with advanced tax optimization, Roth conversions, and scenario analysis tools. | specialized | 9.2/10 | 9.5/10 | 8.8/10 | 8.5/10 |
| 3 | Snap Projections Cash flow forecasting and tax projection software designed for financial advisors to model client tax liabilities. | specialized | 8.7/10 | 9.2/10 | 8.5/10 | 8.0/10 |
| 4 | MaxiFi Planner Dynamic lifetime financial planning tool with precise tax calculations and optimization for retirement scenarios. | specialized | 8.4/10 | 9.2/10 | 7.0/10 | 8.0/10 |
| 5 | ProjectionLab Monte Carlo-based retirement planning software featuring detailed tax projections and what-if analysis. | specialized | 8.2/10 | 8.5/10 | 8.7/10 | 7.9/10 |
| 6 | NewRetirement DIY financial planning platform with robust tax forecasting, deduction optimization, and Social Security analysis. | other | 7.6/10 | 7.8/10 | 8.4/10 | 8.0/10 |
| 7 | WealthTrace Retirement and financial planning software with integrated tax modeling and Monte Carlo simulations. | specialized | 7.8/10 | 8.4/10 | 7.2/10 | 7.0/10 |
| 8 | eMoney Advisor Enterprise wealth management platform offering tax-efficient planning, reporting, and client portal features. | enterprise | 8.1/10 | 8.5/10 | 7.4/10 | 7.7/10 |
| 9 | MoneyGuidePro Goal-based financial planning software with tax strategy integration and scenario planning capabilities. | enterprise | 7.1/10 | 6.7/10 | 7.4/10 | 6.5/10 |
| 10 | Valur Advanced tax and estate planning software focused on strategies like charitable trusts and opportunity zones. | specialized | 7.6/10 | 8.8/10 | 6.9/10 | 7.0/10 |
Visual tax planning software that uncovers and quantifies tax savings opportunities through interactive visualizations.
Comprehensive financial planning platform with advanced tax optimization, Roth conversions, and scenario analysis tools.
Cash flow forecasting and tax projection software designed for financial advisors to model client tax liabilities.
Dynamic lifetime financial planning tool with precise tax calculations and optimization for retirement scenarios.
Monte Carlo-based retirement planning software featuring detailed tax projections and what-if analysis.
DIY financial planning platform with robust tax forecasting, deduction optimization, and Social Security analysis.
Retirement and financial planning software with integrated tax modeling and Monte Carlo simulations.
Enterprise wealth management platform offering tax-efficient planning, reporting, and client portal features.
Goal-based financial planning software with tax strategy integration and scenario planning capabilities.
Advanced tax and estate planning software focused on strategies like charitable trusts and opportunity zones.
Holistiplan
specializedVisual tax planning software that uncovers and quantifies tax savings opportunities through interactive visualizations.
Dynamic Roth conversion ladder optimizer with real-time tax bracket forecasting
Holistiplan is a leading tax planning software platform tailored for financial advisors, enabling precise modeling of tax-efficient strategies such as Roth conversions, qualified charitable distributions, and withdrawal sequencing for retirement clients. It integrates seamlessly with major custodians and portfolio tools like Orion and Black Diamond, providing interactive visualizations of lifetime tax liabilities and 'tax alpha' opportunities. The software excels in decumulation planning, helping advisors demonstrate quantifiable tax savings to high-net-worth clients over multi-year horizons.
Pros
- Exceptional depth in tax projection modeling and scenario analysis
- Seamless integrations with CRM and portfolio management systems
- Client-ready interactive visualizations and reports
Cons
- Pricing scales with AUM, which may be steep for small firms
- Initial learning curve for advanced features
- Primarily focused on US federal and state taxes
Best For
Financial advisors specializing in retirement and tax optimization for high-net-worth clients.
Pricing
Custom pricing based on assets under management or client count; typically starts at $150/user/month with enterprise tiers.
RightCapital
specializedComprehensive financial planning platform with advanced tax optimization, Roth conversions, and scenario analysis tools.
Dynamic Roth conversion optimizer that simulates multi-year strategies across tax brackets
RightCapital is a comprehensive cloud-based financial planning platform with robust tax planning tools designed for financial advisors. It enables detailed tax projections, scenario modeling for strategies like Roth conversions, tax-loss harvesting, and bracket management, all integrated with retirement and cash flow planning. The software provides visual dashboards and reports to optimize clients' lifetime tax efficiency.
Pros
- Advanced tax modeling with scenario comparisons and Monte Carlo simulations
- Seamless integration with custodians and other planning modules
- Intuitive visual dashboards for client presentations
Cons
- Steep learning curve for non-expert users
- Primarily advisor-focused, less ideal for individual use
- Higher pricing may deter solo practitioners
Best For
Financial advisors and wealth managers who need integrated tax planning within holistic financial advisory services.
Pricing
Starts at $125/month per advisor for basic plan; premium tiers up to $200+/month with advanced features and unlimited clients.
Snap Projections
specializedCash flow forecasting and tax projection software designed for financial advisors to model client tax liabilities.
Dynamic tax optimizer that automatically suggests contribution strategies to minimize lifetime tax liability across scenarios
Snap Projections is a financial planning platform designed primarily for Canadian advisors, offering detailed cash flow and retirement projections with integrated tax modeling. It enables scenario-based planning, including tax bracket optimization, RRSP/TFSA contributions, and income splitting strategies. The tool visualizes tax impacts over time and generates client-ready reports for effective tax planning discussions.
Pros
- Robust tax projection engine with dynamic scenario modeling
- Seamless integrations with Canadian tax software and CRMs
- Interactive client portal for sharing tax-optimized projections
Cons
- Primarily focused on Canadian tax rules, limiting US applicability
- Higher pricing may deter solo advisors
- Initial learning curve for advanced tax customization
Best For
Canadian financial advisors providing retirement and tax planning services to high-net-worth clients.
Pricing
Starts at $99 CAD/month per advisor for basic plan; scales to $199+ for advanced features and unlimited clients.
MaxiFi Planner
specializedDynamic lifetime financial planning tool with precise tax calculations and optimization for retirement scenarios.
Proprietary optimizer that calculates the maximum sustainable lifetime spending level while minimizing taxes across scenarios
MaxiFi Planner is a sophisticated lifetime financial planning software that simulates scenarios to maximize sustainable spending, with a strong emphasis on tax optimization. It models complex strategies like Roth conversions, Social Security timing, qualified charitable distributions, and bracket management to minimize lifetime taxes. The tool provides detailed projections of cash flows, taxes, and net worth, enabling users to compare thousands of scenarios for optimal outcomes.
Pros
- Advanced optimization for tax strategies like Roth ladders and QCDs
- Comprehensive lifetime tax and cash flow projections
- Powerful scenario simulator with thousands of variations
Cons
- Steep learning curve and complex interface
- High pricing for professional use
- Limited integrations with other financial software
Best For
Financial advisors and high-net-worth individuals focused on retirement tax optimization.
Pricing
Annual subscriptions start at $495 for individuals; professional versions from $2,495/year.
ProjectionLab
specializedMonte Carlo-based retirement planning software featuring detailed tax projections and what-if analysis.
Monte Carlo tax sensitivity analysis that stress-tests scenarios across thousands of market and tax rate variations
ProjectionLab is a financial planning platform with robust tax projection capabilities, enabling users to model long-term tax scenarios like Roth conversions, capital gains harvesting, and bracket management within cash flow forecasts. It integrates Monte Carlo simulations to evaluate tax-efficient retirement strategies probabilistically. While not a tax filing tool, it excels in forward-looking tax optimization for financial planners.
Pros
- Sophisticated tax projection models including Roth ladders and QCDs
- Seamless integration of taxes into Monte Carlo simulations
- Intuitive web-based interface with scenario comparison tools
Cons
- No support for actual tax return preparation or e-filing
- Pricing is premium and geared toward professionals
- Limited customization for highly complex tax situations like AMT or state-specific rules
Best For
Financial advisors and retirement planners needing integrated tax forecasting in client projections.
Pricing
Free basic plan; Pro plan at $99/month or $999/year (billed annually).
NewRetirement
otherDIY financial planning platform with robust tax forecasting, deduction optimization, and Social Security analysis.
Roth conversion optimizer that dynamically suggests annual conversion amounts to minimize lifetime taxes by filling lower brackets.
NewRetirement is a comprehensive retirement planning platform that incorporates tax planning tools to help users optimize their long-term financial strategy. It models future tax liabilities on withdrawals, Social Security benefits, investments, and required minimum distributions (RMDs), while suggesting strategies like Roth conversions and bracket management. The software uses Monte Carlo simulations to project tax-efficient retirement scenarios, making it suitable for proactive tax planning rather than annual filing.
Pros
- Seamless integration of tax optimization within holistic retirement projections
- Intuitive interface with guided planners for Roth conversions and tax bracket strategies
- Monte Carlo analysis that incorporates variable tax rates and scenarios
Cons
- Not a dedicated tax preparation tool for current-year filing
- Limited depth for complex tax situations like business income or international taxes
- Full tax features require paid subscription
Best For
Pre-retirees and retirees seeking long-term tax-efficient withdrawal strategies integrated with overall retirement planning.
Pricing
Free basic version; PlannerPlus at $120/year or $14/month for advanced tax planning tools.
WealthTrace
specializedRetirement and financial planning software with integrated tax modeling and Monte Carlo simulations.
Tax-sensitive Monte Carlo simulations that dynamically adjust for tax impacts across thousands of market scenarios
WealthTrace is a comprehensive financial planning platform with robust tax planning capabilities, enabling users to model tax-efficient strategies like Roth conversions, asset location, and optimized withdrawal sequences. It integrates detailed tax projections with Monte Carlo simulations to forecast tax liabilities under various scenarios. Primarily designed for financial advisors, it helps optimize client portfolios for long-term tax minimization alongside retirement planning.
Pros
- Advanced tax modeling including brackets, capital gains, and AMT calculations
- Seamless integration of tax strategies with Monte Carlo simulations and scenario planning
- Supports advisor-client collaboration with customizable reports
Cons
- Steep learning curve for non-expert users due to complex interface
- Higher pricing may not suit solo practitioners focused solely on tax planning
- Limited standalone tax filing or compliance features compared to specialized tools
Best For
Financial advisors who need integrated tax optimization within broader retirement and wealth planning workflows.
Pricing
Starts at $95 per user/month for basic plans, with enterprise tiers at $200+; custom quotes available.
eMoney Advisor
enterpriseEnterprise wealth management platform offering tax-efficient planning, reporting, and client portal features.
Lifetime tax liability projections with interactive scenario sliders for real-time strategy optimization
eMoney Advisor is a comprehensive financial planning platform designed for wealth advisors, featuring integrated tax planning tools that model future tax liabilities, brackets, and optimization strategies like Roth conversions and tax-loss harvesting. It enables scenario-based projections tied to cash flow, retirement, and investment planning, providing visual reports for client discussions. While not a standalone tax preparation software, it excels in strategic tax advisory within holistic financial plans.
Pros
- Robust tax scenario modeling integrated with cash flow and retirement projections
- Customizable visualizations and client-ready reports for tax strategies
- Seamless data aggregation from accounts for accurate tax impact analysis
Cons
- Steep learning curve for full feature utilization
- High cost limits accessibility for solo advisors or small firms
- Lacks direct tax filing or compliance tools for CPAs
Best For
Financial advisors and wealth managers who integrate tax planning into comprehensive client financial strategies.
Pricing
Custom enterprise pricing, typically $5,000–$25,000+ annually per advisor based on firm size and features.
MoneyGuidePro
enterpriseGoal-based financial planning software with tax strategy integration and scenario planning capabilities.
Tax-sensitive 'What-If' scenario modeling that projects tax impacts across multiple planning strategies
MoneyGuidePro is a comprehensive financial planning platform primarily designed for financial advisors to develop holistic client strategies, including retirement, investment, and goal-based planning. For tax planning, it offers integrated tools to model tax-efficient strategies like Roth conversions, required minimum distributions (RMDs), and asset location optimization within broader scenarios. While it incorporates tax implications effectively, it is not a standalone tax planning solution and relies on advisor input for complex tax law details.
Pros
- Integrates tax modeling seamlessly into full financial plans
- Supports scenario analysis for tax-efficient withdrawals and conversions
- Backed by robust Monte Carlo simulations accounting for taxes
Cons
- Limited depth in advanced tax code specifics compared to dedicated tools
- Steep learning curve for non-advisors
- Enterprise pricing may not suit solo practitioners or individuals
Best For
Financial advisors needing tax planning as part of comprehensive client wealth management.
Pricing
Quote-based subscription starting around $2,500-$5,000 annually per advisor, with tiered enterprise plans.
Valur
specializedAdvanced tax and estate planning software focused on strategies like charitable trusts and opportunity zones.
Automated generation of legally-vetted irrevocable trust documents and swap agreements directly from tax models
Valur is a specialized tax planning software platform focused on advanced estate and gift tax strategies for high-net-worth individuals. It automates complex modeling for tools like GRATs, IDGTs, swaps, and other irrevocable trusts, providing detailed tax projections and scenario analysis. The software also generates customized legal documents, streamlining the implementation process for financial advisors and estate planners.
Pros
- Deep expertise in sophisticated grantor trust strategies with accurate projections
- Automated legal document generation saves significant time
- Tailored for high-net-worth estate planning with robust scenario modeling
Cons
- Narrow focus limited to advanced estate/gift tax strategies, not general tax planning
- Steep learning curve for users without prior estate planning knowledge
- High pricing suitable only for advisory firms serving wealthy clients
Best For
Financial advisors and estate planning professionals managing ultra-high-net-worth clients seeking to minimize transfer taxes.
Pricing
Custom subscription pricing for advisory firms, typically starting at $5,000-$10,000 annually per advisor or based on AUM (contact for quote).
Conclusion
The reviewed tax planning software options vary in focus but collectively offer strong solutions, with Holistiplan leading as the top choice for its interactive visualizations that clearly uncover and quantify tax savings opportunities. RightCapital impresses with its comprehensive financial and tax optimization tools, while Snap Projections stands out for its tailored features designed to meet the needs of financial advisors. Each tool has merit, but Holistiplan distinguishes itself for its unique ability to make tax analysis both intuitive and impactful.
Begin your tax planning journey with Holistiplan to leverage its visual, opportunity-focused approach—if broader financial planning or advisor-specific tools are priorities, RightCapital and Snap Projections remain excellent alternatives to explore.
Tools Reviewed
All tools were independently evaluated for this comparison