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Setting up transaction download for existing 403b - two accounts in Quicken instead of one?

arotolantearotolante Member ✭✭
in New to Quicken/Getting Started (Mac)
Hello! As of last week, I'm new to using the most recent version for Quicken for Mac after using Quicken for Mac 2007 for more than a decade. I thought I wouldn't like using the transaction download function, but I'm really a fan! Earlier today, I started to set up my TIAA-CREF 403b account from work with transaction downloads, and now I have a 'best practices' issue. Maybe one of you has an idea of what I should do. I've only had this 403b for about 6 years. And when I set up it up in QM2007, I manually entered the buys for both the employee and the employer contributions into one account, named 'TIAA-CREF'. But now, if I want transactions to download, the TIAA-CREF connection wants me to have TWO accounts - one for the employee contribution contract, and one for the employer contribution contract. I can't link both of them to one account on my end in Quicken, as I had been doing manually. Is it better to keep one account in Quicken and key everything in manually? Or should I go ahead with two accounts in Quicken so I can use transaction downloads? (This would require some cleanup on my part) Or is there another option I haven't considered? Thanks for any help/guidance you can provide.

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  • arotolantearotolante Member ✭✭
    @Mark Steinman, yes, there are two contracts at the TIAA website in one "Retirement" heading. So it sounds like I will need to do some cleanup and allow Quicken to set up the two accounts. I will cleanup the existing single account in Quicken after the first transaction download = the perfect task while I drink my Sunday morning coffee. Thank you for your help!
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