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LifeYield Tax-Smart Withdrawals
Boston, Massachusetts, United States
What it is
LifeYield Tax-Smart Withdrawals helps financial advisors decide which accounts and assets to sell when funding a client household’s withdrawal. Its engine analyzes the household’s investment accounts and recommends a sequence, with support for taxable, tax-deferred, and tax-free accounts, including hybrid scenarios. Advisors can model one-time income requests or withdrawals scheduled over time. The analysis considers asset location and allocation, brings tax-loss harvesting opportunities forward to help offset gains, and is described as helping limit drift from target allocation and rebalance after a withdrawal. LifeYield says the engine can help maintain asset location after each withdrawal. The API Library can combine withdrawals with tax harvesting, rebalancing, and asset location. Firms can integrate the API into their own advice platforms; SEI LifeYield also offers a Multi-Account Overlay solution with an interface and client-ready proposals and reports. The product is presented for advisors and firms coordinating investment and retirement income planning across household accounts. LifeYield was founded in 2008, is headquartered in Boston, and was acquired by SEI in December 2024. SEI LifeYield says it does not provide tax advice and recommends consulting an independent tax advisor about individual circumstances.
For and against
For
- Recommends an order for selling accounts and assets
- Supports taxable, tax-deferred, and tax-free accounts
- Models one-time and scheduled withdrawals
- Can combine withdrawals with tax harvesting and rebalancing
Against
- API integration is the listed platform
- The company says it cannot guarantee internet-transmitted or stored information security
The verdict
Tax-Smart Withdrawals focuses on sequencing household withdrawals with attention to taxes, asset location, and allocation.
Who it suits
It is intended for financial advisors and firms serving clients with multiple investment accounts. It may suit teams coordinating investment and retirement income planning across household accounts.
Plans and prices
SEI LifeYield Tax-Smart Withdrawals
Schedule a demo
Read 9 Oct 2026 · lifeyield.com
On the record
- Account types
- Withdrawals can span one or multiple tax-deferred, tax-exempt, or taxable accounts, including hybrid scenarios.lifeyield.com · read 9 Oct 2026
- Ad hoc and scheduled withdrawals
- The engine handles ad hoc income requests and withdrawals scheduled over time.resources.lifeyield.com · read 8 Oct 2026
- After-withdrawal positioning
- The product is described as helping maintain optimal asset location after each withdrawal.resources.lifeyield.com · read 8 Oct 2026
- Asset allocation and location
- Its algorithm considers asset allocation and asset location when recommending how to raise cash.lifeyield.com · read 9 Oct 2026
- Audience
- The company describes its solutions as serving financial services firms and advisors coordinating investment and retirement income planning across household accounts.lifeyield.com · read 9 Oct 2026
- Company ownership
- LifeYield was acquired by SEI in December 2024.lifeyield.com · read 9 Oct 2026
- Delivery
- SEI LifeYield says its solutions are available via API or through a Multi-Account Overlay solution with an interface and client-ready proposals and reports.lifeyield.com · read 9 Oct 2026
- Hybrid scenarios
- The engine supports hybrid withdrawal scenarios at multiple levels.resources.lifeyield.com · read 8 Oct 2026
- Integration approach
- SEI LifeYield says the withdrawal engine works with firms’ current technology and can be used with its other APIs, including tax harvesting, rebalancing, and asset location.lifeyield.com · read 9 Oct 2026
- Intended users
- The product is presented for financial advisors and firms serving clients with multiple investment accounts.lifeyield.com · read 8 Oct 2026
- Portfolio drift
- The product is described as minimizing drift from target allocation and handling rebalancing after a withdrawal.lifeyield.com · read 9 Oct 2026
- Pricing and access
- The product page invites firms to schedule a demo and does not state a price.lifeyield.com · read 9 Oct 2026
- Purpose
- The withdrawal engine evaluates a client household’s investment accounts and recommends a tax-efficient withdrawal sequence.lifeyield.com · read 9 Oct 2026
- Related engines
- The LifeYield API Library can combine withdrawals with tax harvesting, rebalancing, and asset location.lifeyield.com · read 8 Oct 2026
- Security limitation
- LifeYield’s terms say the system is hosted on its or a third-party provider’s servers and that it cannot guarantee the security of information transmitted over the internet or stored in the system.lifeyield.com · read 8 Oct 2026
- Support contact
- The product page lists [email protected] for questions about Tax-Smart Withdrawals.lifeyield.com · read 8 Oct 2026
- Tax advice
- SEI LifeYield states that neither SEI nor its affiliates provide tax advice and recommends consulting an independent tax advisor about individual circumstances.lifeyield.com · read 9 Oct 2026
- Tax-aware analysis
- The withdrawal algorithm considers asset location and asset allocation to help minimize taxes when raising cash.resources.lifeyield.com · read 8 Oct 2026
