Annuities in RightCapital can be modeled as either an asset, in the Profile > Net Worth, or as an income stream, in the Profile > Income section. Modeling an annuity as an asset will account for the current value of the annuity, future growth on the annuity value, and the annuity distributions / income stream. Modeling an annuity as an income card will only account for the income stream, and will not model the current annuity value or future growth.
If you know the details of the annuity and want the current value to be included in the client's Balance Sheet, you will want to model the annuity as an asset. If you do not have the details of the annuity, or if you only want to model the future income stream without accounting for the current value of the annuity, you can model the annuity as an income stream instead.
Be mindful not to model an annuity as both an asset in the Net Worth, and as an income card in the Income section, to avoid double-counting the annuity income.
