Income and benefits
Model a retirement-income bridge or supplement
Distinguish a temporary employer payment from withdrawals that bridge a gap from your own accounts.
When this applies
Use this when income begins at retirement and stops at Social Security, Medicare, or another milestone.
What to gather
- Gross monthly payment and payer.
- Recipient.
- Actual start and ending rule.
- COLA and ordinary-income tax treatment.
- The recipient’s saved retirement and Social Security dates.
Where to enter it
Portfolio > Scenario Editor > Income & Benefits > Add Income or Benefit
How to enter it
- For an employer or government payment ending at Social Security, choose Type: Social Security bridge.
- For another temporary retirement payment, choose Retirement supplement.
- Choose the owner and Provider or source.
- Convert the gross monthly amount to Annual amount by multiplying by 12.
- Choose Starts: When owner retires or the actual specified date.
- Choose the actual Ends milestone: Social Security, Medicare, specified date, retirement, or ongoing.
- Leave Annual growth rate blank for inflation, enter zero for no COLA, or enter the actual rate.
- Leave Taxable as ordinary income on unless the plan document establishes tax-free treatment.
How YARCalc uses it
- The end milestone uses the owner’s saved dates, so changing Social Security timing also changes a Social Security bridge.
- For example, a $2,000 monthly employer bridge is entered as $24,000 annually.
Check your work
- Run Projection and confirm the named bridge appears after retirement and disappears at the selected milestone.
- Test a different claiming date in a What-if before changing the Home plan.