Past Transactions
How Boldin moves through time
Boldin is a forward-looking projection engine. It moves forward on the 1st of each month.
Future events
Future events are included in your account balances and tax projections until the end of the month you selected for the event. This applies to:
Transfers (including Roth conversions)
One-time expenses from a specific account
Annuity purchases
Real estate purchases
Windfalls
Lump sum pensions
Relocations
Once an event is in the past
When Boldin moves into a later month, a past event no longer changes your account balances or cash flow. It can still affect your tax projections for the year it happened, but only if the source account still holds enough to cover it.
What to do
If you use account linking, no action is needed. Your balances update automatically.
If you update balances manually, once an event is past, update your savings balances so they reflect what really happened.
When the source account is at $0
If you set a source account to $0, or to less than the event needs, Boldin can no longer run the event. It is dropped from your plan, along with its tax impact. A past Roth conversion is a common example.
You choose how to handle it, depending on what matters most to your forecast:
Move the event to December. Set the source account to what it held before the event, and date the event in December. The event stays in this year’s tax projection and the account ends the year at $0.
Use a different source account. For a Roth conversion or another transfer, pick an account that still has enough money and use it as a stand-in. This works well when it keeps your balances close to reality.
Delete the event. Choose this only if you don’t want it counted in your annual tax projections.
Should you delete past events?
We don’t recommend deleting past events from the current year unless you don’t want them counted in your annual tax projections. Events from past years, such as income streams that have ended, have no effect on your forecast and can be deleted.