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#2
06-22-2006, 03:12 PM
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 Re: Employer contributions to 401(k) Thanks both. This works great. JD "Chris Cowles" wrote: - quote - > "J. Delage" <JDelage[at]discussions.microsoft.com> wrote in message > news:A40233D3-8105-4485-B5FA-026AD476A029[at]microsoft.com... > > Hi, > > > I have set up a separate account for my employer's matching contributions > > to > > my 401(k). However, now I have a negative amount account listed under > > "Bank", which throws of my total. Is there any way to resolve the > > employee > > matching contribution without this becoming a problem? > > > I suppose one option would be to add the amount to the gross salary and > > to > > the pre-tax contributions. Is that the best way to do that? > On the after-tax tab of your paycheck, add a transfer to the cash portion > of the 401k in the amount of your employer's contribution. On the same tab, > create an offsetting entry as a negative amount (trust me) categorized as > 'income: employer 401k contributions' or something similarly appropriate. > -- > Chris Cowles > Gainesville, FL |
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#1
06-22-2006, 05:18 AM
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| Re: Employer contributions to 401(k) No. But you're on the right track. What Chris replied, restated: http://umpmfaq.info/faqdb.php?q=14. "J. Delage" <JDelage[at]discussions.microsoft.com> wrote in message news:A40233D3-8105-4485-B5FA-026AD476A029[at]microsoft.com... - quote - > I have set up a separate account for my employer's matching contributions > to > my 401(k). However, now I have a negative amount account listed under > "Bank", which throws of my total. Is there any way to resolve the > employee > matching contribution without this becoming a problem? > I suppose one option would be to add the amount to the gross salary and to > the pre-tax contributions. Is that the best way to do that? |
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06-22-2006, 03:41 AM
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| Re: Employer contributions to 401(k) "J. Delage" <JDelage[at]discussions.microsoft.com> wrote in message news:A40233D3-8105-4485-B5FA-026AD476A029[at]microsoft.com... - quote - > Hi,
On the after-tax tab of your paycheck, add a transfer to the cash portion> I have set up a separate account for my employer's matching contributions > to > my 401(k). However, now I have a negative amount account listed under > "Bank", which throws of my total. Is there any way to resolve the > employee > matching contribution without this becoming a problem? > I suppose one option would be to add the amount to the gross salary and > to > the pre-tax contributions. Is that the best way to do that? of the 401k in the amount of your employer's contribution. On the same tab, create an offsetting entry as a negative amount (trust me) categorized as 'income: employer 401k contributions' or something similarly appropriate. -- Chris Cowles Gainesville, FL |
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#-1
06-22-2006, 01:17 AM
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| Employer contributions to 401(k) Hi, I have set up a separate account for my employer's matching contributions to my 401(k). However, now I have a negative amount account listed under "Bank", which throws of my total. Is there any way to resolve the employee matching contribution without this becoming a problem? I suppose one option would be to add the amount to the gross salary and to the pre-tax contributions. Is that the best way to do that? Thanks, JD |
| Tags |
| 401k, contributions, employer |
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