Side by side
Covisum Income InSight vs Hazel AI Tax Planning
Both stand on tax planning software. Which one you can start free with, which one lets you read the code, and what each costs once you pay.
Choose Income InSight if you advise clients near or in retirement and need integrated income, tax, Social Security, and scenario planning. Look elsewhere if your workflow depends on synchronized accounts, client collaboration, or standard subscriptions for multiple users.
Visit Covisum Income InSightHazel AI Tax Planning combines scenario modeling, recommendations, and client-report drafting for advisory workflows. Its paid per-seat plan and informational-only output require advisors to review results before using them with clients.
Visit Hazel AI Tax PlanningThe facts
| Covisum Income InSight | Hazel AI Tax Planning | |
|---|---|---|
| Free plan | A free trial | A free trial |
| Open source | Not published | Not published |
| Runs on | Web | Web |
| Lowest paid plan | Income InSight monthly subscription: $119.99 a month | Tax Planning Agent: $160 a month |
| Plans published | 2 | 2 |
| Maker | Not published | Not published |
| Website | covisum.com | hazel.ai |
| On tax planning software | #9 of 27 | #13 of 27 |
Covisum Income InSight: what it does well
- Combines retirement tax, income needs, and Social Security planning.
- Generates Roth conversion strategies with suggested dollar amounts.
- Tests strategies against market, health, inflation, and benefit scenarios.
- Creates annual cash flow analysis and printable PDF reports.
- Shows effects of SPIAs, deferred annuities, and other insurance products.
What to know first
- There is no free plan.
- Subscriptions are intended for one user; multiple users need an enterprise-level agreement.
- No account synchronization is listed.
- Client collaboration is not available.
Hazel AI Tax Planning: what it does well
- Builds personalized plans from client documents
- Models multiple tax-planning scenarios
- Supports multi-year and capital-gains planning
- Drafts client letters and interactive reports
- Syncs with advisory data sources
What to know first
- No free plan
- Costs $160 a month per seat
- Outputs are not tax or investment advice
- Accuracy and completeness are not guaranteed
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