Roth with Traditional 401(k)

Posted by Al on July 8, 2009, 12:57 pm

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Using Q2009 Deluxe.

Part of my paycheck goes into a 401(k) and part into a Roth. Both are
invested in the same securities. Both plans are administered through
the same company which is my companies plan sponsor. When I download
my account information online it brings the transactions for both the
401k and Roth into the same brokerage account. The only way I know the
difference between whether shares were purchased using 401k or Roth
funds is by looking at the memo field. One says 'Contributions
Contribution / Pre Tax' and the other 'Contributions Contribution /
Roth'.

Since everything is commingled how can I separate the two securities
so I know the value of my Roth and the value of my 401k?

Posted by danbrown on July 8, 2009, 1:31 pm

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In the real world (i.e., at the plan sponsor) are the Roth & the 401
(k) in a single account or separate?
Do they have 1 account number or 2?

In Quicken, do you create 1 account or 2?
In Quicken, (assuming 2 accounts), did you give them separate account
numbers ... that match what's the plan sponsor.

In general, Q should ALWAYS reflect reality. Have you done so?

What's held in the respective accounts is irrelevant to this
discussion.
Also, it would be helpful if you'd name the plan sponsor. A few have
particular (i.e., non-common) requirements that may impact the
resolution.

db

Posted by A Sel on July 8, 2009, 6:10 pm

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> In the real world (i.e., at the plan sponsor) are the Roth & the 401

> (k) in a single account or separate?

> Do they have 1 account number or 2?

> In Quicken, do you create 1 account or 2?

> In Quicken, (assuming 2 accounts), did you give them separate account

> numbers ... that match what's the plan sponsor.

> In general, Q should ALWAYS reflect reality. =A0Have you done so?

> What's held in the respective accounts is irrelevant to this

> discussion.

> Also, it would be helpful if you'd name the plan sponsor. =A0A few have

> particular (i.e., non-common) requirements that may impact the

> resolution.

> db

This is with ING and there is only one account I have everything
setup in one account in Q. It does reflect reality at a high level
but that doesn't help me understand the balance of the Roth part of my
account. I am asking if there is some way for me to separate the two
once in Quicken so I can understand their return better.