Cash Balance Pension savings cards allow you to reflect outside contributions to the Qualified Pension account bucket.
You can add cash balance pension savings into RightCapital within the Savings section of the Profile (or the Savings step of the initial data entry process) by clicking Add Saving > Other > Cash Balance Pension:
These savings will be shown as an employer contribution, and can be tracked within the Retirement > Cash Flows > Invested Asset tab.
If the 'Self-employed' box is checked, the contribution will reflect as a client contribution, reducing the client's cash flows (Cash Flows > Summary > Planned Savings). Contributions will occur regardless of cash flow deficits, and will be treated as Adjustments to Income (Line 16 of the Schedule 1, Line 10 of the Sample 1040).
