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81
Transactions / Re: IRA rollover into 401(k)
« Last post by Matt Willms on August 10, 2017, 07:33:02 AM »
Kevin, glad that worked out properly for you - job well done!

Matt
82
Transactions / Re: IRA rollover into 401(k)
« Last post by ksakers on August 10, 2017, 06:43:02 AM »
I figured it out... after transferring the security between portfolios, then you can do a Tender/Exchange of "security A" for "security B" in the new portfolio.  No gain/loss recognized.  It works swimmingly!

  kevin
83
Transactions / Re: IRA rollover into 401(k)
« Last post by ksakers on August 09, 2017, 08:53:49 PM »
Matt,

This was a good suggestion, and I wish to share the outcome for the benefit of future readers.  This action did transfer the security from the IRA portfolio to the 401(k) portfolio, as advertised.  But what occurred in the real-life rollover transaction is that "security A" held in the IRA was sold, with the proceeds used to purchase "security B" in the 401(k).  The transfer of value from "security A" to "security B", in addition to transferring from one portfolio to another (without realizing a gain or loss), is what I am trying to capture within IAM - not simply moving "security A" from one portfolio to another. 

Many thanks,

  kevin
84
Transactions / Re: IRA rollover into 401(k)
« Last post by Matt Willms on August 09, 2017, 07:34:28 AM »
Kevin,

Use the edit menu | transfer a security choice to transfer each position from the IRA portfolio to the 401k portfolio...

If you have add'l questions, please contact our technical support team: techsupport@investmentaccountmanager.com

Matt
85
Transactions / IRA rollover into 401(k)
« Last post by ksakers on August 08, 2017, 10:02:20 PM »
I use IAM to track, among other investments, my 401(k) and traditional IRA as separate portfolios.  I recently decided to rollover the IRA holdings into the 401(k). 

What is the best way to account for this tax-deferred rollover in IAM?  I could simply enter a "sell" transaction in the IRA portfolio and a "purchase" transaction in the 401(k) portfolio, but this would recognize the gain as "realized" for the year (i.e. no recognition of tax-deferred status).  I considered a Tender/Exchange, but it seems you can only do this within the same portfolio but not between separate portfolios.

Thanks,

  kevin
86
Transactions / Re: Downloading transactions from a .csv file
« Last post by roy on August 07, 2017, 12:27:20 PM »
Ok thanks, wondering if anyone has any recommendations on which software to use?
87
Transactions / Re: Downloading transactions from a .csv file
« Last post by Matt Willms on August 07, 2017, 11:43:48 AM »
Roy,

Yes, we have had other users tell us they have found such tools on the internet, and converted .csv to ofx for import into IAM.

Matt
88
Transactions / Re: Downloading transactions from a .csv file
« Last post by roy on August 07, 2017, 11:38:27 AM »
Is it possible to convert the .CSV file of transaction the broker provides to a QFX file that I can down load to IAM? - Roy
89
Transactions / Re: Downloading transactions from a .csv file
« Last post by roy on August 07, 2017, 11:31:01 AM »

Thanks Matt,

It appears you can download a .CSV file of transaction during the portfolio setup and that you just adjust the column headers to the data required.  Not clear if it works for transaction downloads at portfolio setup why it would work for transaction downloads after the portfolio is already setup?

Roy
90
Transactions / Re: Downloading transactions from a .csv file
« Last post by Matt Willms on August 07, 2017, 07:58:10 AM »
Roy, we do not allow at this time the import of transaction activity in csv format since brokers do not adhere to a single standardized format - that is why we use OFX for transaction imports. 

Matt
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