Cal --

I too doubt that the distribution was more than the source account value. It
was definitely more than the source account value as shown in MS Money,
either because money went into it that I couldn't record, or because of
market gains.

It could be either. My former employer made some contributions after I
stopped working there, probably because it missed making some before --
there was a good reason I left -- so the contributions account was out of
whack. The same period was also a good one for the markets.


"Cal Learner-- MVP" <via_newsgroup[at]please.tnx> wrote in message
news:3l5ed4dtcv58cab3tl3mve4tv1tvjljdt5[at]4ax.com...
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I do know the amount. I just don't know the quantity or price of the shares
of the funds in the old account that were liquidated
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I too doubt that the distribution was more than the source account value. It
was definitely more than the source account value as shown in MS Money,
either because money went into it that I couldn't record, or because of
market gains.

It could be either. My former employer made some contributions after I
stopped working there, probably because it missed making some before --
there was a good reason I left -- so the contributions account was out of
whack. The same period was also a good one for the markets.

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I agree.

In microsoft.public.money, harrelsonesq wrote:

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I am glad to hear that. I had guessed the change was in a negative
direction. There is going to be some amount entered on form
somethingOrOther by the 401K custodian. If you can access the new
IRA account, you can find the amount received from the web site
without waiting for the form.

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I doubt that the distribution was more than the source account
value. You might have lucked out by having the 401K custodian having
sold your holdings earlier than you were calculating, and the check
was in the mail during a market down time.

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So anyway, I guess you could just enter a Deposit for the amount in
the 401K, and do what you do to zero out that 401K account. That
would be simpler than creating a cash transactions register for the
401K and then doing a Transfer.

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I agree.

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That would have been nice to have the transferred funds used to buy
MFs at the close of Thursday.

"Cal Learner-- MVP" <via_newsgroup[at]please.tnx> wrote in message
news:ukvdd4tau0rdsf8itht5gvvpk5s4brcd8k[at]4ax.com...
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Actually, the increase in value would be due to net market gains. No fees,
no withholding. In those cases, I believe it would show up as the
distribution being less than the source account balance, not more. Market
gains(losses) don't go into the cash account. In my opinion, that is one of
the major shortcomings of MS Money: you can never balance an investment
account -- only the associated cash -- so the total account value is always
off.
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That's something I can do ( the IRA custodian provides sufficient detail --
otherwise they wouldn't be the IRA custodian)
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I can't. All I know is the amount of the rollover, not quantity, price, or
the source of the extra money. I'm just assuming market gain.

The amount was less than it would have been a month ago, but still more than
the balance shown in MS Money. The check reached the IRA last Monday. I was
hoping for Thursday. Oh well.

In microsoft.public.money, harrelsonesq wrote:

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You don't want to use TransferIn for this. That is for securities.
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Here are my thoughts...

I would probably do a Sell of everything in the 401k. Transfer the
amount of cash that made it from the 401k to the IRA (in the cash
transactions register). If you were not tracking cash transactions,
I don't know how you would want to do it. The rest of any difference
in amounts should be accounted for by a possible fee from the 401k
provider and possible withholding if it was not a direct custodian
to custodian transfer.

Then enter Buys for the new holdings.

I assume that you are looking into the underlying actual amounts.

I rolled over my 401(k) from a former job to a rollover IRA I set up for
the last time I had a rollover transaction. I have two problems:

The amount in the source account is less than the amount of the rollover,
and I don't have the amount that was sold to provide the distribution.

When I select "transfer in" as the transaction type, I get the following
message, the only option is to enter "quantity." All I have is the amount
transferred from the source account. It was a different investment anyway. I
don't have enough information to enter a sell transaction in the source
account, plus I don't want to mung the Tax Estimator.

We all know that MS Money doesn't "do" 401(k)'s. What is the best way to
work around it in this situation?