Although we do not have a specific account type labeled CD or Bond, you have the ability to enter a CD in My Plan using these steps.
Enter a CD
STEP 1: Head on over to My Plan > Accounts and Assets
STEP 2: Press on Create an Account + and select Investment/Savings/Checking
STEP 3: Give the account a descriptive name, "CD" years, for example
STEP 4: Select Ordinary Income as your tax treatment
STEP 5: Enter the balance of the CD
STEP 6: Set the optimistic and pessimistic rates of return
The above method will create interest income on an annual basis, which will create an income tax liability.
CD and Bond Ladders
If you prefer to model the CD or Bonds with a ladder strategy, you'll set the rate of return to zero and Exclude the account from the Withdrawal Strategy.
Then head over to My Plan > Money Flows > Transfers and enter a Transfer of the CD or Bond principal to a savings or checking account at the maturity date.
Finally, navigate to > My Plan > Income > Pension and add a lump sum pension directed to the CD account for the amount of interest you expect to receive at the maturity date.
