Track 401k with traditional and roth contributions

Unknown
Unknown Member
edited April 2018 in Investing (Windows)
How do I track a 401k that has both traditional and roth contributions?

Comments

  • Quicken Harold
    Quicken Harold Alumni ✭✭✭✭
    edited April 2018
    Hello dreyfusgreg, appreciate your question.

    Which version of Quicken are you using? Is it for PC or Mac?

    Please let us know so that we can best help you.

    Respectfully,
    ~ Quicken Harold.
    Quicken Harold
    Community Moderator
  • Unknown
    Unknown Member
    edited March 2018
    I'm using Quicken 2018 Windows Home, Business, & Rental Property
  • K.O. (Win-Premier)
    K.O. (Win-Premier) SuperUser ✭✭✭✭✭
    edited March 2018
    While they look as if they are 1 account w/ your employer they are most likely 2 separate internal accounts but presented as 1 to you.  I had this situation some time ago and I set up 2 separate accounts in Quicken to track them separately.  It wasn't a problem because my paycheck advice separated out roth vs. regular contributions as well as matching contributions were separated and then all purchases/sales were separated as well.
  • Unknown
    Unknown Member
    edited March 2018
    K.O. (Win-Premier) said:

    While they look as if they are 1 account w/ your employer they are most likely 2 separate internal accounts but presented as 1 to you.  I had this situation some time ago and I set up 2 separate accounts in Quicken to track them separately.  It wasn't a problem because my paycheck advice separated out roth vs. regular contributions as well as matching contributions were separated and then all purchases/sales were separated as well.

    That's a great suggestion, thank you!
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