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Posted by Jack Mangrove on July 21, 2007, 6:55 pm
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> > Okay, what just happened? I'm using QW 2007. I have been working on a
> > 401(k)-to-IRA rollover.
> > I had the new IRA account opened at Fidelity. Then, in Quicken, I
> > clicked on Investing, Investing Accounts, Add Account, filled in the
> > Financial Institution and then my ID and Password and new IRA account
> > number and connected and downloaded transactions. Voila, the account
> > is setup. But the account details say 'Account type: Invest' and Tax-
> > deferred: No'. I can change the Tax-deferred to Yes but I can't change
> > the Account Type to IRA. Somewhere I had seen that in setting up a new
> > Investing account you had to choose between Standard Brokerage, IRA or
> > Keogh, 401(k) or 403(b), and Single Mutual Fund. Also, I have another
> > IRA account whose details have 'Account Type: IRA' and 'Tax-deferred:
> > Yes' by default (greyed-out, can't change). I didn't see those choices
> > when setting up this new account and now I can't find them again.
> > Would I be safe in deleting this new account and starting over. Is
> > there something I need to do to make sure it is and IRA type account?
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> You should be able to convert the account.
> Open the account in Summary View.
> Look for the Account Attributes section
> Look for "Convert to a 401k or IRA?" - under Account Type in blue
> lettering.
> Click on this link to get the option to convert.- Hide quoted text -
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> - Show quoted text -
I don't see Account Type in blue lettering in Account Attributes.
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