Covisum Income InSight vs MaxiFi
Covisum Income InSight
covisum.com
MaxiFi
maxifi.comSide by side
| Figure | Covisum Income InSight | MaxiFi |
|---|---|---|
| Price from | $116.67/mo | $12.42/mo |
| Free plan | — | — |
| Free trial | Yes | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| Windows | — | Yes |
| macOS | — | Yes |
| Linux | — | Yes |
| iOS | — | Yes |
| Android | — | Yes |
| Plans published | 4 | 2 |
| Spec score · Retirement Planning Software | 8.2 (#8) | 9.0 (#2) |
| Founded | 2016 | 1993 |
| Headquarters | Omaha, Nebraska, United States | Providence, Rhode Island, United States |
| Integrations | Income InSight deeply integrates with Covisum's Social Security Timing, Tax Clarity, and SmartRisk tools. | The site describes plan sharing with a financial advisor who has a MaxiFi PRO subscription. |
| Purpose | Income InSight is a financial planning platform built for advisors serving mass-affluent and affluent clients in retirement or retirement transition. | MaxiFi creates a lifetime financial plan and calculates sustainable annual spending based on income, assets, taxes, Social Security, and other inputs. |
| Security | Covisum says individual and small-group customers can request its SOC 2 report through its Trust Center under a non-disclosure agreement. | The company says customer data is encrypted at rest with AES-256 and web traffic uses TLS 1.2 or 1.3; it also requires two-factor authentication for customer logins. |
| Support | The product page says subscriptions include unlimited free access to live support and customer success assistance. | Support is provided through online tickets, with listed contact hours Monday through Friday, 8 a.m. to 8 p.m. Eastern; phone support is not included in the purchase price. |
Plans
Covisum Income InSight
- Monthly$119.99 a month
- Annual$1,400 a year
- Income InSight monthly subscription$119.99 a month
- Income InSight annual subscription$1,400 a year
In their own words
Covisum Income InSight
Covisum Income InSight has no write-up on Specifiction yet; its figures are above.
MaxiFi
MaxiFi builds a lifetime financial plan and estimates sustainable annual spending using income, assets, taxes, Social Security and other inputs. You can revise the plan to compare choices such as changing jobs, buying a home or retiring early. It models federal, state, FICA and IRMAA taxes, Social Security benefits and Medicare Part B premiums. Paid optimizers cover Roth conversions, Social Security filing and retirement withdrawals. Living Standard Monte Carlo compares how investment strategies and spending behavior affect discretionary spending; the software also estimates life insurance needs using contingency plans. Annual reports can be exported as PDF or Excel files, and plans can be shared with an advisor who has a MaxiFi PRO subscription. MaxiFi is available on Android, iOS, Linux, macOS, web and Windows. It offers a 14-day trial with limited features and comparison of three alternate scenarios. The Unlocked plan is listed at $149 a year. Support is through online tickets; phone support is not included.