How do I account for 401K changes in the last year?

Question

I changed jobs in January of 2026. I had one 401K account with my former employer through Vanguard. Instead of moving this money over to my current employer's 401K, I set up two brokerage accounts - Rollover IRA and Roth IRA.

My current dashboard has three investing accounts. (1) my current employer's 401K (2) Rollover IRA (3) Roth IRA

I assume the only way I can represent a change from one vanguard account into two accounts is by creating new (fourth) account in the Investing tab, inputting the values of my 401K account from my previous employer.

I think I just answered my question but if there is a better/proper way to do this I would love to know. Thank you

mshiggins · Answer

@splasher I read the OP a different way. Seems the 4th account is intended to reflect the 401(k) from the prior employer. So it is a real world account that was active in the past and now is closed.

@walkerwkyle you can create historical accounts to capture prior financial history. One challenge is getting the funding transactions. Do you plan to update your former employer paycheck transactions to show your 401(k) contributions?

NotACPA · Answer

Are the 3 accounts (current 401k, Rollover IRA and Roth IRA) all setup in Q as retirement type accounts?

When you do TOOLS, Account List is the "Tax Deferred" button checked for  each?

When you click "Tax Schedule", on that same page, what shows for "Transfers to …"  for each?

What did you actually move  from the  old  401k to  the Rollover IRA and the  Roth  IRA, cash or securities?

Depending upon your answers to these  questions, you MIGHT not need that 4th account … although creating it with it's ENDING positions & values wouldn't hurt.

splasher · Answer

Quicken should reflect the real world.  If you have three accounts total in real life, then there should be three accounts in Quicken.

I'm not sure why you want to create a fourth account in Quicken unless you are wanting to see some subgroup of accounts to be depicted as a single account.

That is what the portfolio views on the Investing tab are for.  You can create one with any combination of accounts that you want and display the columns you want to see in a portfolio.

If you create this fourth account and the totals don't agree with what you manually add up between the two brokersger