Annuities

You do have the ability to account for lifetime annuities in My Plan.

If you have CDs, a CD ladder, a MYGA or other type of annuity, please reach out to our service team or schedule a coaching appointment and we can help you get your plan set up.


You have the ability to enter current and future annuities in My Plan.


Current Annuities

To enter a current annuity in your plan, follow these steps:

STEP 1: Head on over to My Plan > Income > Annuities and select Add an Annuity +

STEP 2: Select the user who owns the annuity

STEP 3: Select Yes when asked whether you have purchased this annuity yet

STEP 4: Enter a descriptive name for the annuity

STEP 5: Enter the monthly pre-tax income

STEP 6: Select the start age and stop age

STEP 7: Select the tax treatment

STEP 8: Select an optimistic and pessimistic COLA

STEP 9: Add any relevant survivor benefit

STEP 10: Save


Future Annuities

To enter an annuity you plan to purchase or explore the impacts of a future annuity on your plan, follow these steps:

STEP 1: Head on over to My Plan > Income > Annuities and select Add an Annuity +

STEP 2: Select the user who will earn the income

STEP 3: Select No when asked whether you have purchased this annuity yet

STEP 4: Enter the amount you plan to invest in future dollars

STEP 5: Select the account you plan to use to purchase the annuity

STEP 6: Select the purchase age

STEP 7: Select the age at which you will receive the annuity

STEP 8: Select the COLA (if applicable)

STEP 9: Select the survivor benefit (if applicable)

STEP 10: Save

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