Life Insurance Payout
Where do I enter the payout of a life insurance policy?
Enter a payout or potential payout for life insurance in the Additonal Cash Inflows section. In the screenshot below, there is a life insurance payout when one plan participant dies at his life expectancy of age 90. The life insurance proceeds go to the surviving spouse. Like all cash flows from the Additional Cash Inflows section, the proceeds here will go into taxable investment accounts pro-rata based on their projected balances at that time.
