Need assistance with data entry? RightCapital is here to help! Please use the common questions and answers below to assist you in generating financial plans. For additional assistance use the link to our support team at the bottom of the article.
You can see all cash value distributions flow into the Cashflow reports under the Summary tab > Income Inflows > Other Inflows column. Click the underlined Other Inflows column title to see the life insurance distributions within the plan.
You can model an insurance policy purchase within a proposed plan from the Retirement > Analysis > Probability section. Within the action items you will click "Edit" > Add New Items > Insurance. Then input the parameters of the proposed policy. This will compare the current plan to the proposed plan which includes the new life insurance policy.
The impact of the client's tax allocation can be shown in the Investment >Tax Allocation tab. Cash value associated with permanent life insurance policies will be seen as a tax-free asset.
For additional assistance within RightCapital please contact our Support team.
RightCapital is committed to enabling your success. Each week, we cover essential planning modules and product updates.
RightCapital in Action
Check out our YouTube channel where we highlight Advisor Success Stories and share more Tips & Tricks!