The Tax & RP Guide app is available on the Apple appstore: Tax & RP Guide app

This an app that state, county, and city employees/retirees will find useful in making retirement decisions.  The app consists of the following:

  • Retirement Plan/IRA Distributions
    -scenario #1
    -scenario #2
    -scenario #3
  • Pension Break-even Calculator
    -compares the value of a pension over a 1, 2, 3, 4, or 5 year period based on life expectancy
  • Pro-rata Calculator
    -determines a pro-rata distribution of after-tax money from a pension/retirement plan or IRA
  • Pension Analyzer
    -used to assist the pre-retiree in determining whether to remove pension contributions or to elect a partial lump sum from a pension plan based on various assumptions
  • Final Average Salary (FAS) Calculators
    -12 months 20% limit
    -3 year average 10% limit
    -3 year average 20% limit
    -5 year average 10% limit

The FDNY & NYPD Pension Analyzer app is available for download on the Apple App Store.  A few items to consider before purchasing the app:

  • app is NOT a pension projection tool
  • only applies to Tier 2 FDNY & NYPD members
  • is useful for someone close to their 20th anniversary or has more than 20 years of service
  • user of the app may want to have an updated pension statement available
  • app analyzes what every Tier 2 pre-retiree has to decide at retirement; the decision of whether to remove their pension contributions or not
  • not really useful for a retiree unless you want to drive yourself crazy with second guessing the decision you made at retirement

The NYS & NYC Tier 4 Pension Estimator app is available for download on the Apple App Store. The purpose of this app is to provide NYS/NYC Tier 4 pension members a service pension estimate based on user input of retirement age (55 to 75), final average salary, and years of service (5 to 45).

The calculated pension estimate is based on a maximum retirement allowance (no option). The app does not calculate the cost of a pension option.

This app is useful for the following pension plan members:

  • NYS ERS Tier 4
  • NYS TRS Tier 4
  • NYC TRS Tier 4 Basic
  • NYCERS Tier 4 Basic 62/5.

The Fill Up The Bracket Roth Conversion Calculator app is available for download on the Apple App Store. This free app should be used as a starting point when analyzing the decision of whether to convert pre-tax retirement plans to a Roth IRA or designated Roth account (Roth 457(b), Roth 401(k), etc.).