NEW YORK, April 25, 2001 (PRIMEZONE) -- Unger(r) Software Corporation releases METHUSELAH(r) 2001 this week, incorporating the new proposed regulations on minimum required distributions issued by the Internal Revenue Service.
The proposed regulations, effective Jan. 1, 2001, create unprecedented money saving opportunities for those who have already begun MRDs (minimum required distributions) and for those who will take MRDs in the future. Those who recently inherited IRAs may now stretch those payouts over their lifetime. Under the old rules, distribution could be forced in one year, creating a large and unwanted tax bite. Additionally, the new rules provide post-mortem planning opportunities that did not exist before.
METHUSELAH 2001 offers a comprehensive picture of all planning options and latest tax implications in brilliant color graphs and spreadsheets that update in real time on the same page whenever a new scenario is posed. The result: financial planning professionals and clients save time on critical planning decisions and arrive at the right choices more easily. METHUSELAH 2001, available in three levels -- Platinum, Gold and Bronze -- presents additional features including:
ez-input.com / remote reports -- provides a virtual "worksheet" for clients to enter their financial planning needs in a form that will be emailed to the planner, imported into Methuselah and conveniently formatted for analysis. The planner then emails a report back to clients in .pdf format. Without lifting the phone or starting the car, clients share vital figures with their planners, saving everyone time and money.
network version -- allows five or more planners to share client files with colleagues without importing or exporting. The network function allows maximum efficiency for sharing critical client information.
custom reports -- gives planners the ability to print only the graphs and spreadsheets they want to print in assembling reports for clients. This new option enables planners to choose single reports instead of entire sections.
Methuselah cyberseminars -- connects multiple planners in remote locations with Methuselah trainers live on the Web for in-depth instruction. Everyone meets at http://www.methuselah.com for training geared to the specific needs of the group. All that's required is a phone line (for the audio component) and an Internet connection. Benefits: greater convenience and speed in learning through a virtual classroom where no question remains unanswered.
sales scenarios -- explores dozens of sales scenarios and how Methuselah addresses them. Using state-of-the-art Flash animation, users learn the nuts and bolts of how they can make more money with METHUSELAH.
online training guide -- provides planners with a basic training guide for Methuselah presented in a pdf. file. Three sections include: case preparation, case analysis, and case presentation. Learn how to use Methuselah to optimize presentations; how to enter your basic case; how to analyze data; how to create reports, etc. Excellent for use as a hard copy resource to use in concert with online material or by itself.
"METHUSELAH 2001 incorporates the very latest planning information and tools to make financial professionals most effective for their clients. Our development team never stops refining the product, and that's how we maintain our technical lead in the field," said Harold M. Unger, CEO of Unger Software.
About Unger Software Corporation (www.ungersoft.com)
Unger Software Corporation is a privately held, New York City-based company founded in 1994 to develop METHUSELAH as a proprietary financial analysis and planning software solution for financial industry professionals. METHUSELAH 2001 is the pre-eminent solution available today. METHUSELAH is a registered trademark of Unger Software Corporation. Other trademarks are properties of their respective owners.
-0-
CONTACT: Dean Draznin Communications
Lori Vierthaler, Media
(316) 218-9096
lvierthaler@visto.com