How to Model Annuity Income

QUESTION:

How do I enter this 

 I am recommending a annuity with income rider with income starting in 10 years.

 Do I remove the value of the current IRA, $235,000 today and enter the income as a pension at the start age?

 any other suggestions?

 thanks

Robert

 

ANSWER:

Yes if you are using the entire $235k as the premium enter a special expense to pull it out of

“Tax Deferred” so it’s not double counted.

 

Yes you can enter the income as a pension or as a Cash Infusion where you can add a description

of it for “Annuity income rider” or something more specific than generic “Pension”.

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