Handling 401ks
Robert C. Ramsdell III
rcriii@ramsdells.net
Sun, 14 Jul 2002 07:44:20 -0500
Matt,
Do you know what investments the money is going into? If you do you can use
regular commodity accounts and make a good guess at the number of shares and
prices.
You need to complain strtenuously to your company about this arrangement.
You definitely need more information to properly manage your 401(k).
Robert
On Wednesday 10 July 2002 01:32 pm, Matt Armstrong wrote:
> I'm wondering how to best handle this situation in gnucash:
>
> Each month, X dollars is deducted from my paycheck and stuck in my
> 401k. (currently, I have these going into an account of type Bank)
>
> Each quarter, the 401k company tells me how many dollars I contributed
> that quarter as well as the beginning and ending dollar value. They
> do not tell me how many shares I started with or now have, nor do they
> give a share price. (currently, I have no idea how to model this in
> Gnucash)
>
> Any suggestions?
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