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#1
07-14-2006, 10:43 PM
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 Re: Pension plan setup Dick Watson wrote: - quote - > For a defined benefit plan, I'm not sure why to even track it in Money. You
Nothing is ever clear on our paystub. > could just expense it. It's not like investment performance is going to > directly effect your future value or anything. That's why they call it > defined benefit not defined contribution. > The paystub should make clear that it's pre-tax.  - quote - > "Amamba" <zegroy[at]gmail.com> wrote in message > news:1152908688.063665.46590[at]i42g2000cwa.googlegroups.com... > > My company offers both 401k and defined benefit pension plans, so I > > have withdrawals from my paycheck into both. > > > What's the right way to track the defined benefit plan contributions & > > future value ? I don't even know if the contributions are pre-tax like > > 401k. |
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07-14-2006, 09:43 PM
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| Re: Pension plan setup For a defined benefit plan, I'm not sure why to even track it in Money. You could just expense it. It's not like investment performance is going to directly effect your future value or anything. That's why they call it defined benefit not defined contribution. The paystub should make clear that it's pre-tax. "Amamba" <zegroy[at]gmail.com> wrote in message news:1152908688.063665.46590[at]i42g2000cwa.googlegroups.com... - quote - > My company offers both 401k and defined benefit pension plans, so I > have withdrawals from my paycheck into both. > What's the right way to track the defined benefit plan contributions & > future value ? I don't even know if the contributions are pre-tax like > 401k. |
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#-1
07-14-2006, 08:24 PM
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| Pension plan setup Hi, My company offers both 401k and defined benefit pension plans, so I have withdrawals from my paycheck into both. What's the right way to track the defined benefit plan contributions & future value ? I don't even know if the contributions are pre-tax like 401k. |
| Tags |
| pension, plan, setup |
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