Can I have Vanguard IRA and Fidelity IRA combined into one IRA account on Account Bar

max58

Hi,

In my quicken, I have a plain IRA account name called "Roth IRA" that is tied to my Vanguard account.

I just opened a new Roth IRA account with Fidelity. Do I have to create another quicken IRA account and keep them separate ?

Is there a way to have Vanguard and Fidelity accounts in a single quicken IRA account to make it simple ?

I am guessing I will have to have two separate accounts so that I can auto download transactions from each company. But since I don't use auto download from Vanguard (it never works !) and enter all my transactions manually, maybe I can edit my existing Roth IRA account detail and link to Fidelity ?

Thanks

Quicken Jade

Hello @max58,
If you are downloading transactions, this can only be done with one financial institution per account. Additionally, you can only have one account number per account. If you wanted to you could have one account in Quicken that you manually enter all of your investment transactions into however it might be simpler just to keep the two separate. I hope this helps!
- Quicken Jade

max58

Thank you. Is there a way to better organize the accounts in the account bar like MS Explorer type file structure ? i.e. main menu by investment company or account owner name and create sub menu ?

NotACPA

How about naming the accounts "Van Roth IRA" and "FID Roth IRA", and then sorting by name?  And, in Q, there's no such thing as "sub-accounts".

Ps56k2

max58 said: Thank you. Is there a way to better organize the accounts in the account bar...

As mentioned - the Quicken world merely mimics your physical financial world -
therefore each real world account is represented by a single corresponding Quicken Account
(and their associated financial account number).

Also mentioned - the simple idea of renaming your accounts so they can group together on the Account Bar List....

max58

> @NotACPA said:
> How about naming the accounts "Van Roth IRA" and "FID Roth IRA", and then sorting by name?  And, in Q, there's no such thing as "sub-accounts".

Thanks for the suggestion. I just did what you said. Found out there is no single click sort by name button. I had to move each account up or down one by one in the account list menu. Since I am an authorized agent for my wife and daughter's accounts , it gets quite crowded, but no big deal. Looks much than before.

Thank you !

Ps56k2

AND... you can rename them to group by your viewing pleasure ...
FID IRA xyz
IRA FID xyz
xyz IRA FID
ROTH IRA FID xyz
etc

max58

> @max58 said:
> > @NotACPA said:
> > How about naming the accounts "Van Roth IRA" and "FID Roth IRA", and then sorting by name?  And, in Q, there's no such thing as "sub-accounts".
>
> Thanks for the suggestion. I just did what you said. Found out there is no single click sort by name button. I had to move each account up or down one by one in the account list menu. Since I am an authorized agent for my wife and daughter's accounts , it gets quite crowded, but no big deal. Looks much than before.
>
> Thank you !

> @Ps56k2 said:
> AND... you can rename them to group by your viewing pleasure ...
> FID IRA xyz
> IRA FID xyz
> xyz IRA FID
> ROTH IRA FID xyz
> etc

I went with Brokerage name - account owner - type of account .

So they are ..

FID his ROTH IRA
FID his TRAD IRA
FID our JOINT BROKERAGE
FID her ROTH IRA
FID her TRAD IRA
.
.
VAN his ROTH IRA
VAN his TRAD IRA


works for me !

Thank you for your suggestion.

Ps56k2

I think you will see that there is a subtle "blue dividing line" in the Account List - Investments...
With the top area being true investments, and the bottom being true retirement accounts.
also - in the Account List - you can move accounts up/down, but not across "type of account borders".

max58

> @Ps56k2 said:
> I think you will see that there is a subtle "blue dividing line" in the Account List - Investments...
> With the top area being true investments, and the bottom being true retirement accounts.
> also - in the Account List - you can move accounts up/down, but not across "type of account borders".

Yes, as soon as I assigned each account to IRA vs Taxable, I saw that thin blue line. Good to know.

Thanks.

Chris_QPW

The line is gray.  

max58

> @Chris_QPW said:
> The line is gray.  

you are right. It is gray. :LOL