Adding Deposits into an Existing Checking/Savings Account in the Structured Income Plan Using the Annual Fixed Withdrawal Function

There are different ways to show deposits into a checking/savings account. Below is the step-by-step guideline for adding a deposit into a checking/savings account using the annual fixed withdrawal function.


Step 1: Edit: Click on the green edit button underneath the Structured Income Planning subheading.




Step 2: Manage: Click on the green manage button within the column for the checking/savings account.




Option A: Pick Years:

Step 3: Structured Income Type: Click on the radio button next to Annual Fixed Withdrawal.




Step 4: Annual Fixed Withdrawal Text Box: Type in the monetary amount. For a deposit the number will start with a negative symbol (-).




Step 5: Income Data: Within the Income data table click on the Year text box that you would like to select.




Step 6: Pick Years: Click on the green button Pick Years.




Step 7: Clicking: After clicking on the Pick Years green button, the term "fixed" should automatically appear in the income column and numeric amount should automatically appear in the variable column of the table.




Step 8: Save: Click on the green button Save underneath the Manage Account subheading.




Step 9: Structured Income Planning Page: The Structured Income Planning should reflect the editing changes made to the account.




Option B: Start Years for Rest of Plan:

Step 10: Structured Income Type: Click on the radio button next to Annual Fixed Withdrawal.




Step 11: Annual Fixed Withdrawal Text Box: Type in the monetary amount. For a deposit the number will start with a negative symbol (-).




Step 12: Income Data: Within the Income data table click on the Year text box that you would like to start the year for the rest of the plan.




Step 13: Start Years for Rest of Plan: Click on the green button Start Years for Rest of Plan. 




Step 14: Clicking: After clicking on the Start Year for Rest of Plan green button, the term "fixed" should automatically appear in the income column and numeric amount should automatically appear in the variable column of the table.




Step 15: Save: Click on the green button Save underneath the Manage Account subheading.




Step 16:  Structured Income Planning Page: The Structured Income Planning should reflect the editing changes made to the account.




Option C: Start Year for X Years:

Step 17: Structured Income Type: Click on the radio button next to Annual Fixed Withdrawal.




Step 18: Annual Fixed Withdrawal Text Box: Type in the monetary amount. For a deposit the number will start with a negative symbol (-).




Step 19: Income Data: Within the Income data table click on the Year text box that you would like to select.




Step 20: Start Year for X Years Text Box: Within the text box for Start Year fox X Years, type in the how many years you would like the monetary amount to be distributed.




Step 21: Clicking: After clicking on the Start Year for X Year green button, the term "fixed" should automatically appear in the income column and numeric amount should automatically appear in the variable column of the table.




Step 22: Save: Click on the green button Save underneath the Manage Account subheading.




Step 23: Structured Income Planning Page: The Structured Income Planning should reflect the editing changes made to the account.




Step 24: Saving the Structured Income Planning Scenario: Click the green Save button underneath the Structured Income Planning subheading.




Step 25: Edit:  If you need to make an edit to the structured income plan click on the green edit button underneath the Structured Income Planning subheading.




Step 26: Cancel: If you need to go back to the previous page, click on the green Cancel button underneath the Structured Income Planning subheading.




Step 27: Logout: To sign out of SIPS, click on the Sign Out heading that is located in the upper right-hand side of the screen.

If you feel you need more support or would like to set up demo time with one of our representatives, please contact us at: +1-888-449-6917 or support@planscout.com