Investment Tracking - Combined Traditional and Roth 401(k)s

Question

I am contributing to both a traditional and a Roth 401k through my employer so I am tracking as two separate deductions into two accounts. The company managing these accounts is pooling the money into one account so I can't figure out how to show my positions in the two accounts in my Quicken. Anyone run across this before?

Jim_Harman · Answer

It is quite common for plan administrators to combine traditional and Roth portions of a 401(k) into one account when downloading. T Rowe Price did that when I had a 401(k) that they managed.

mshiggins · Answer

Fidelity does a combined account with both traditional 401(k) and Roth 401(k) funds.  You can see the separate contributions and their corresponding share counts and balances on the Net Benefits site.

NotACPA · Answer

When you say "traditional", do you mean "traditional 401k)?  If so, I don't believe that what the management company is doing is correct, or proper.

Those 2 account types have quite different tax handling.  The traditional account contribution is made with pre-tax money, and is taxable upon withdrawal.  While the Roth 401k is after-tax money and tax-free upon withdrawal.

I'd complain, LOUDLY, to my employer.

But, before I offer a suggestion, is download available from that/those accounts?  The ability to download, or not, changes possible options.