To model an annuity income, you will enter as an Income with Start Year and End Year defining the duration of payout stream. Annuity Payments can be fixed over time (set inflation rate to 0%) or grow by the inflation rate. If your annuity payout is non-taxable you can use the Tax Classification to change the status to 100% untaxed.
- Go to the Profile tab and select Finances.
- From Finances, select Income then click Add a New Income.
- Enter in a name for the annuity. From Income Type drop-down menu, select Other. Fill in the rest of the information for the annuity. After all of the information is entered click Save.