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Old 08-07-2004, 08:27 PM
Dick Watson
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Default Re: M-04(delux)

Automatically? How automatic?

You can schedule one **bill** (assuming M02 or newer--it USED TO BE easier)
for the total amount of the periodic contribution and split it into Buy
Investment/CD splits for each INVESTMENT. When this investment schedule
comes due, it's one click on enter in register"--I suspect you can even set
this to enter automatically. Note this will be much more painful if your
investments are something other than $1 per unit investments, e.g., if these
are five publicly traded mutual funds and you have to enter five different
NAVs and the remove the NAV and round the units all five times each.

"401k frenzy" <anonymous[at]discussions.microsoft.com> wrote in message
news:201601c47cab$4fb9e050$a401280a[at]phx.gbl...
- quote -

> Is there a way to set up a 401K in money to automatically
> purchase the funds in your account based on the way an
> actual 401K account works.
> Ex: every month, $500 is taken out of my paycheck
> and 'deposited' in my 401k accont. Money is set up this
> far. But where it stops: My 401K is set up to
> automatically disperse that $500 into multiple funds
> based on %'s.
> Ex:
> 25% mutual fund 1, 15% mutual fund 2, 20% mutual fund 3,
> 30% mutual fund 4, 10% mutual fund 5
> Can money automatically do this? if not - what can it do
> to "track your 401k"? - these seems like the most basic
> of functionality -
> HELP!



  #-1  
Old 08-07-2004, 06:21 PM
401k frenzy
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Posts: n/a
Default M-04(delux)

Is there a way to set up a 401K in money to automatically
purchase the funds in your account based on the way an
actual 401K account works.

Ex: every month, $500 is taken out of my paycheck
and 'deposited' in my 401k accont. Money is set up this
far. But where it stops: My 401K is set up to
automatically disperse that $500 into multiple funds
based on %'s.

Ex:
25% mutual fund 1, 15% mutual fund 2, 20% mutual fund 3,
30% mutual fund 4, 10% mutual fund 5

Can money automatically do this? if not - what can it do
to "track your 401k"? - these seems like the most basic
of functionality -

HELP!

 

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