How can I represent:
- a non-qualified stretch variable annuity with a systematic lifetime payment schedule.
- an inherited 403(b) with a lifetime stretch provision (it is not affected by the SECURE Act; it's a government-sponsored plan with an exception.)
- an inherited IRA with a 10Y stretch provision.
These all have distinct distribution schedules, all of which must begin immediately (not at retirement).
Without attempting to get into any details specific to these investments, I'd say you could model these as follows:
1. the annuity through the Annuity section of the Income page (you can specify the start year and the annual amount)
2 and 3) the inherited 403(b) and the IRA through the inherited IRA section of the Income page. One possible issue, though, is that you can only model one such account for you and another for your spouse. So, you may have to use both yours and your spouse's fields to do this. You could specify the balance of these accounts on the Financial Assets > Initial Balances page and the distribution start year and distribution periods on the Income page.
Stuart
