Annuity Illustration

• Click On Special Expenses and enter the premium.  Duration 1 if one time premium. Last column Tax Deferred if from IRA or 401k.
• Click on Cash Infusions to enter the Lifetime Withdrawal Income.  Duration is 40 or 50 if “lifetime” and it will run to the end of the plan.  Set a tax rate to deduct from the income.  Last column would be Taxable bc the received money would per se go into their checking account to be spent.