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| "northwoods24" <northwoods24[at]discussions.microsoft.com> wrote in message news:E17CCD02-3BAC-4F94-8F1A-B5B013EEC76E[at]microsoft.com... - quote - > I have a 401(k) account that I've been tracking in Money for about 8 > years. > My employer recently offered the Roth 401(k), and I have recently > switched > all of me new contribuitions to the Roth 401(k). Is there any way, > or maybe > the more important question is any "reason", to indicate which > contributions > are to the regular 401(k) and which are to the Roth 401(k)? On my > statements, all contribuitions appear to go into the same account, > i.e., are > not separated out by type. Yes. The 401k is taxable on withdrawal and the Roth is taxable on contribution, no? If not kept distinct, how will you track the difference? It definitely would affect your lifetime plan, if you use that. I suggest you post your question in the misc.invest.financial-plan newsgroup. Respondents there are more likely to address the real question of separation, not a question of how to record it in Money. -- Chris Cowles Gainesville, FL |
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| In microsoft.public.money, northwoods24 wrote: - quote - > I have a 401(k) account that I've been tracking in Money for about 8 years.
I would separate them by account. I have to think that the> My employer recently offered the Roth 401(k), and I have recently switched > all of me new contribuitions to the Roth 401(k). Is there any way, or maybe > the more important question is any "reason", to indicate which contributions > are to the regular 401(k) and which are to the Roth 401(k)? On my > statements, all contribuitions appear to go into the same account, i.e., are > not separated out by type. administrator separates them by account. There may be several reasons, but the one that comes to mind is to know which assets are tax exempt vs the ones that are only tax deferred. Money itself is not going to really distinguish between the types tho. |
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| I have a 401(k) account that I've been tracking in Money for about 8 years. My employer recently offered the Roth 401(k), and I have recently switched all of me new contribuitions to the Roth 401(k). Is there any way, or maybe the more important question is any "reason", to indicate which contributions are to the regular 401(k) and which are to the Roth 401(k)? On my statements, all contribuitions appear to go into the same account, i.e., are not separated out by type. |
| Tags |
| 401k, contributionsreason, differenti, entering, roth |
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