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Posted by Stewart Berman on July 4, 2006, 5:21 pm
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I setup up an "Unvested" retirement account. Then I tried putting in
a payroll transaction with a negative Employer contribution and
Quicken said "You don't need to enter a negative amount for deduction.
Quicken will handle it for you." and it made it positive again.
So all I could do was setup a transfer from the 401(k) to the
"Unvested" retirement account.
Stu
>If I don't show the unvested amount in my retirement account the ROI
>will be wrong and the earnings are vested.
>
>Let say I have $40,000 vested and $20,000 not vested all of which is
>invested in one mutual fund at the beginning of the year. The account
>shows $60,000 in the mutual fund. If, at the end of the year the
>mutual fund holding is now worth $66,000. The ROI is 10%. The
>unvested portion is still $20,000.
>
>What I need to do is to have a fixed offset of $20,000. By setting up
>the loan account I create the $20,000 offset and my total assents are
>correct. i wonder if I can setup a new retirement account with a
>negative initial balance and label it "Unvested Assets". That would
>be better than the loan account.
>
>
>>And do you also record in Quicken the amount of Inheritances that you
>>MIGHT get in the future?
>>
I setup up an "Unvested" retirement account. Then I tried putting in
a payroll transaction with a negative Employer contribution and
Quicken said "You don't need to enter a negative amount for deduction.
Quicken will handle it for you." and it made it positive again.
So all I could do was setup a transfer from the 401(k) to the
"Unvested" retirement account.
Stu
>If I don't show the unvested amount in my retirement account the ROI
>will be wrong and the earnings are vested.
>
>Let say I have $40,000 vested and $20,000 not vested all of which is
>invested in one mutual fund at the beginning of the year. The account
>shows $60,000 in the mutual fund. If, at the end of the year the
>mutual fund holding is now worth $66,000. The ROI is 10%. The
>unvested portion is still $20,000.
>
>What I need to do is to have a fixed offset of $20,000. By setting up
>the loan account I create the $20,000 offset and my total assents are
>correct. i wonder if I can setup a new retirement account with a
>negative initial balance and label it "Unvested Assets". That would
>be better than the loan account.
>
>
>>And do you also record in Quicken the amount of Inheritances that you
>>MIGHT get in the future?
>>
>>How about recording the salary that you THINK you deserve?
>>
>>I would hope that the answer to both these questions is no ... because
>>they're as unreal & uncertain as your unvested balances.
>>
>>You MIGHT get them ... but only time will tell. I wait until I own (or
>>have a current, legal right to claim) an asset before I record it.
>>
>>db
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