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Quicken Classic for Windows
Errors and Troubleshooting (Windows)
401K scheduled withdrawals don't transfer correctly
rupleys
In bills and income, I schedule 2 monthly transfers, one from my 401K to a checking account, one from my husband's 401K to same checking account. In January the withdrawal amount for the year changes, so I update the scheduled transfer; I've done this for over 5 years now. However, when I actually enter the scheduled transfer, both register entries are wrong - they show the transfer amount from either/both 401K accounts to be the same as my withdrawal from years ago, and also shows my husband's transfer source as from my 401K. Can I ever get these transfers to be correct? Every month I have to edit the transactions after matching with downloads from these accounts.
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UKR
How about you throw away the current reminders and then set them up again, correctly?
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UKR
How about you throw away the current reminders and then set them up again, correctly?
rupleys
They are correct in the reminders section, but when the actual downloaded transfer is matched, the amounts don't match. I was advised years ago to do a 3-way split transaction, i.e. list a 401K transfer $X to checking, list Income from 401K as negative $X, use 'IRA cleanup' category for $X. All shows this correctly for both reminders; the correct amounts are downloaded and matched, but then the splits on both transactions are wrong, they both show the same, 5-year old $X sourced from only my 401K.
I will do as you suggested though, just start all over; can't verify until first of next month, as I've already edited today's transactions to correct the splits.
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