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Old 12-31-2007, 02:04 PM
Dick Watson
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Default Re: How do I handle IRA and 401k when employer doesn't do it but once

If the retirement Investment Account in Money has an associated Investment
Cash Account, you can do the transfers to the cash account as you are doing
and then, when the investments are actually made, make the Buy transactions
in the Investment Cash Account. Thus, the balance of the Investment Cash
Account will reflect the money in float.

"DRUAngell" <DRUAngell[at]discussions.microsoft.com> wrote in message
news:AE231FC0-941D-43B5-80B5-7020252DA75A[at]microsoft.com...
- quote -

> I get paid every 2 weeks and money is taken out of my check each time
> towards
> my Simple IRA. Therefore, in my Paycheck settings in Money I include the
> transfer of funds to my Simple IRA account register in Money. Then, of
> course, the employer matches these funds so I have a matching transaction
> resulting in 4 separate (sometimes 6) transactions for the month.
> The problem is the employer doesn't actually send the money to the IRA
> people but once a month. So the actual IRA statements do not match what I
> have in Money.
> What is a good way to handle this so I can keep these accounts balanced?
> I've gotten everything else in Money from my home loans and escrows to
> credit
> cards, etc. but I just can't figure this one out.
> Any info would be greatly appreciated. Thanks!



  #-1  
Old 12-31-2007, 08:04 AM
DRUAngell
Guest
 
Posts: n/a
Default How do I handle IRA and 401k when employer doesn't do it but once

I get paid every 2 weeks and money is taken out of my check each time towards
my Simple IRA. Therefore, in my Paycheck settings in Money I include the
transfer of funds to my Simple IRA account register in Money. Then, of
course, the employer matches these funds so I have a matching transaction
resulting in 4 separate (sometimes 6) transactions for the month.

The problem is the employer doesn't actually send the money to the IRA
people but once a month. So the actual IRA statements do not match what I
have in Money.

What is a good way to handle this so I can keep these accounts balanced?
I've gotten everything else in Money from my home loans and escrows to credit
cards, etc. but I just can't figure this one out.

Any info would be greatly appreciated. Thanks!
 

Tags
401k, employer, handle, ira
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