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| Thanks mak, that helps. It is frustrating that the CDN edition really doesn't provide any pertinent info. Perhaps you can help further, once the CD matures, is there a way to automatically transfer amounts to other accounts/investments? I have 5 years worth of monthly investments that will be maturing each month, and re-invested into RRSP's. Will I have to manually transfer the amounts, or is there a way to set up an automatic xfer. I assume at maturity that the CD is returned to the associated cash account? Thanks Again, "mak" wrote: - quote - > On Sat, 1 Jan 2005 15:19:01 -0800, "D Fisher" <D > Fisher[at]discussions.microsoft.com> wrote: > > I am trying to set up a retirement account that my employer contributes to; a > > 5 year guaranteed interest account. Even tho I have the CDN edition, all > > banking info and retirement account info is for US users, no CDN info > > available. Is this the same for '04 and '05 versions? > > > What type of retirement account should I be choosing for the GIC (the 401K > > perhaps)? The account is just over 5 years old, so there are bi-weekly > > contributions from my employer, plus on a monthly basis, there are transfers > > out to RRSP's because of the maturing 5 year old deposits (the employer > > recently changed from monthly contributions to bi-weekly). > > > Thanks for your help, > Use CD (Certificate of Deposit) to mimic a GIC. For the RRSP, use IRA > (401k I think will also work, Money doesn't do a particularly good job > distinguishing which should be used if you are a Canadian). The last real > Canadian version was 2000 and since then Money has been a hybrid of U.S. > Money with no specific changes that pertain to Canadians. This will > probably be the case for the foreseeable future. |
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| On Sat, 1 Jan 2005 15:19:01 -0800, "D Fisher" <D Fisher[at]discussions.microsoft.com> wrote: - quote - > I am trying to set up a retirement account that my employer contributes to; a
Use CD (Certificate of Deposit) to mimic a GIC. For the RRSP, use IRA> 5 year guaranteed interest account. Even tho I have the CDN edition, all > banking info and retirement account info is for US users, no CDN info > available. Is this the same for '04 and '05 versions? > What type of retirement account should I be choosing for the GIC (the 401K > perhaps)? The account is just over 5 years old, so there are bi-weekly > contributions from my employer, plus on a monthly basis, there are transfers > out to RRSP's because of the maturing 5 year old deposits (the employer > recently changed from monthly contributions to bi-weekly). > Thanks for your help, (401k I think will also work, Money doesn't do a particularly good job distinguishing which should be used if you are a Canadian). The last real Canadian version was 2000 and since then Money has been a hybrid of U.S. Money with no specific changes that pertain to Canadians. This will probably be the case for the foreseeable future. |
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| I am trying to set up a retirement account that my employer contributes to; a 5 year guaranteed interest account. Even tho I have the CDN edition, all banking info and retirement account info is for US users, no CDN info available. Is this the same for '04 and '05 versions? What type of retirement account should I be choosing for the GIC (the 401K perhaps)? The account is just over 5 years old, so there are bi-weekly contributions from my employer, plus on a monthly basis, there are transfers out to RRSP's because of the maturing 5 year old deposits (the employer recently changed from monthly contributions to bi-weekly). Thanks for your help, |
| Tags |
| 2003, 5yr, cdn, edition, gic, setting |
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