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Old 07-15-2003, 01:36 AM
Dick Watson
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Default Re: How does one classify a transfer from checking to a Roth IRA?

Assuming you've created an investment account "MyRothIRAacct", Payee:
BigBucks Investments, Category: Buy Investment/CD:MyRothIRAacct, Amount:
$250, shares and price as required?

I'm really not sure what difference it makes who does the transferring. You
say "from a third party, from my checking account to a ... Roth IRA." From
your checking account is all that matters. You can schedule this with
New|Investment Purchase from the Bills & Deposits page.

"Gator D" <dmurphy71[at]hotmail.com> wrote in message
news:058001c34a6e$d6579d70$a401280a[at]phx.gbl...
- quote -

> I have Money 2003 Deluxe, and I want to know how to
> classify/handle a monthly automatic transfer of money,
> from a thrid party, from my checking account to a self-
> directed Roth IRA.
> Logically, this is a tranfer of money from one account to
> another. However, there is a third party that's doing the
> transferring. Therefore, how does one enter this into
> their register?


  #-1  
Old 07-15-2003, 01:17 AM
Gator D
Guest
 
Posts: n/a
Default How does one classify a transfer from checking to a Roth IRA?

I have Money 2003 Deluxe, and I want to know how to
classify/handle a monthly automatic transfer of money,
from a thrid party, from my checking account to a self-
directed Roth IRA.

Logically, this is a tranfer of money from one account to
another. However, there is a third party that's doing the
transferring. Therefore, how does one enter this into
their register?

Thanks
Gator D
 

Tags
checking, classify, ira, roth, transfer
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