Differences between IRA account and tax-deferred account?
Quicken Generic User Member ✭✭✭✭
I have a mutual fund set up as a tax deferred account. When I look at the Summary Page, under Account type, I am asked if I want to convert this to a 401k or IRA account. It is currently listed as a teax-deferred investment.I can't find anything in help to tell me how Quicken would handle this differently than it does for my current account type. What are the implications if I do convert this to an IRA account (actually, it is a Roth IRA)? Pros and Cons?Thanks,Karl