Quicken doesn't work with Wealthscape Investors?

dlklu

Last 2 years after trying to add a new account following a rollover to a Roth IRA, Quicken didn't recognize new account and wouldn't download transactions. Now I've had to change user ID and PW and Quicken can't handle it. 4 accounts and Quicken can't download transactions from any of them. Far too many hours on support with Quicken. Created a case with NY Life for Wealthscape and NFS and they say problem is with Quicken, who can't resolve issue.

jacobs

Do you have a lot of transaction activity in your Roth IRA account? If not, you might find it faster and less stressful to simply enter your transactions manually. Share prices update automatically, so it's just entering the transactions.

For my and my wife's retirement accounts, there's not a lot of buy/sell activity most months, so all I'm entering is reinvested dividends and capital gains when they occur monthly, quarterly or biannually, and the ocassional buy and sell. It takes me very little time; I do it when checking my monthly or quarterly brokerage statements against my Quicken portfolio. And I don't have to worry about logins, passwords, two-factor authentication, and the host of possible connectivity problems between Quicken, Intuit and my brokerages.

If you doa lot of transactions on your retirement accounts, you may not want to adopt this practice and keep trying to get the automated downloads to work; if you don't do a lot of transactions in these accounts, you may find it freeing to leave the connection errors behind. 😁