Although we do not have a specific account type labeled CD, Bond, or I Bond, etc, you have the ability to enter a these accounts in using the steps below.
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 rate 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 CD or Bonds with a ladder strategy, exclude the account from the Withdrawal Strategy.
Head to My Plan > Income > Pensions and add a Lump Sum Pension directed to the account for the interest.
Then head over to My Plan > Money Flows > Transfers and enter a Transfer of the CD or Bond account balance (principal and interest) to a savings or checking account at the maturity date.
