Originally from ticket #81.
My client could quit working today and receive disability payments that would end at age 65. I don't know how to show that in her retirement plan.
The disability income can occur either with or without tax impact (depending upon how the premiums were paid).
To show the contribution of disability income, go to PLAN RESOURCES tab, then ANTICIPATED SAVINGS SECTION.
SELECT "OTHER" FROM THE DROP DOWN MENU OF "ADD ANTICIPATED SAVINGS." Name the contribution as Disability income and use the start and end dates to show the beginning and end of the disability payments. Enter the amount as the net after taxes benefit. Do determine if the contribution will have some sort of annual adjustment factor and include that. In many cases, while your client is receiving disability income, they may receive premium reimbursement as well. You might consider including the disability insurance premium as a recurring goal to indicate the expenditure as well.