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titleAbout this account—IRA accounts
  1. Next to Who owns this IRA? select either yourself or your spouse.
  2. Next to IRA Type select:
    • Traditional IRA
    • Roth IRA
    • Coverdell ESA
    • Keogh plan
    • SEP IRA
    • SIMPLE IRA
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titleAbout this account—401(k) and employer information


  1. Enter a name for this account.
    Account names usually appear in alphabetical order in Quicken. If you and your spouse both have a 401(k) account, or you have 401(k) accounts from previous employers, begin each account name with something similar, such as "401(k) for Terry" and "401(k) for Chris." This way, all your 401(k) accounts will appear next to each other in lists throughout Quicken.
  2. Enter the ending date from your statement.

    Caution

    If you're entering information from your financial institution's website instead of from a paper statement, and if this date is today's date, then don't download transactions for this account until tomorrow. This is necessary to reconcile your Quicken account data with account data posted by your financial institution.

  3. Enter the name of your employer and whether this is your current employer or a previous one.
  4. Identify the owner of this account: you or your spouse.
    Quicken uses this to assign the correct tax-related category to transactions.

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titleSummary

Review the information you entered on the previous pages. If you need to change anything, click Back.

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  • Note for IRA accounts
    If this is an IRA account, Quicken identifies the entire opening balance as a contribution in the year that the account is added. If you want to edit the opening balance to assign contribution amounts to specific prior tax years, you can do so now:
    1. Scroll down to the blank transaction line at the bottom of the transaction list.
    2. Click Enter Transaction.
    3. In the Enter transactions field, select Cash Transferred into Account. Follow the on-screen instructions to create a cash transfer into the account for a prior tax year. Be sure to use the correct date for both the transaction and for the tax year assignment.
    4. Click Enter New if you need to repeat step 3 for prior tax years. When you're finished, click Enter Done.
    5. Go back to the top of the transaction list and change the Opening Balance to equal just the amount you actually contributed this year.

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