Change account classification to Retirement.

Mary OBrien

The account list I have pinned to the left and the Account List has an IRA account classified as Investment. It should be Retirement. How do I move it to Retirement? Please do not tell me create a new account and move all the transactions.

Chris_QPW

If the account was created as a IRA account then in fact the only account classification would be Retirement.  The fact that it is listed under Investment implies that it was created a brokerage account.

Given that there is three ways to handle this, the "most proper" would be go into the account details (Ctrl+Shift+E) and change/make sure that the "Tax deferred" is set to Yes.  When you do that a button show appear at the bottom to convert the account to an IRA account.

To just change where the account is displayed, go into the Account Details -> Display Options tab and change the Account intent to Retirement.

And even though you said not to suggest it, creating a new account and moving the transactions is actually quite easy to do now that they have a new "Move Transactions" on the gear icon menu in the upper right.

Mary OBrien

The account is marked as tax deferred. I have attached an image of display options and there is no where to change the account intent.

Chris_QPW

What is the account type on the General tab?

Mary OBrien

529 Plan Whatever that is. It is really a self-directed IRA

Chris_QPW

Well I haven't setup a account with that type but going on what you have said I take it that the converting to another type isn't possible and it has a restriction.where you can't change the intent.

So that only leaves creating a new account, and moving the transactions.

Mary OBrien

Thank you for your help. This should be an editable field. When I am feeling adventurous I will try setting up a new account and moving the transactions.