Employer Matches

kweller
kweller Quicken Windows Subscription Member ✭✭
edited August 30 in Investing (Windows)

I have both a Roth IRA with employer match and an HSA with employer match. Quicken doesn't appear to allow for matching on the Roth, so I have a $0 pre-tax contribution and a match amount, along with my post-tax contribution. But I am only permitted one pre-tax item with employer match in Quicken, and I can't split the employer match into the two accounts, so how do I account for the HSA match?

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Answers

  • NotACPA
    NotACPA Quicken Windows Subscription SuperUser ✭✭✭✭✭

    Use an intermediate account to receive the combined paycheck transaction and then record a split in that account to the final destination accounts.

    Q user since February, 1990. DOS Version 4
    Now running Quicken Windows Subscription, Business & Personal
    Retired "Certified Information Systems Auditor" & Bank Audit VP

  • kweller
    kweller Quicken Windows Subscription Member ✭✭

    Thank you for that idea. I just ended up going to the HSA account and recording Employer Contribution for each paycheck. Not ideal, either way - Quicken should make it possible to have employer match for more than one item, and for the Roth as well. Thanks!

  • Jim_Harman
    Jim_Harman Quicken Windows Subscription SuperUser ✭✭✭✭✭

    How about entering the full amount of the match as a transfer to one account, then transferring the appropiate amount from the first account to the second?

    QWin Premier subscription
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