529 Conversion

Backup. Export to a QIF file. Create new Quicken 529 account. Import QIF file to new 529 account. "Reconcile". Delete old Quicken 529 account.

Good question. It's not clear to me that there is currently any compelling reason to have a Quicken 529 account.

You can include other account types in the College Planner. And downloading seems to be controlled by what the fi offers, rather than what the Quicken account type is.

One area about which I have no knowledge is the export of data for Turbo Tax etc.

I don't have any real-world 529 accounts, so the above is just my quick take on the subject. And I believe it's possible that Quicken may evolve, in later versions, to placing more importance on the 529 account type.

I'm interested in this too, but I can't get the import to work.

There's a dropdown menu that states: Quicken account to import into:

I don't know what to put in this dropdown. Seems that the new account (529) should be listed in the dropdown but it is not. Thanks

See the link I provided in my previous post in this thread.

This works. I did have some troubles with duplicate/ghost transfers that had to be manually deleted. I found that was reduced if I created the new account and "recategorized" all the transfers to the new account first and then did the export/import for all the buy/sell/ income transactions.

P.S. Intuit should be ashamed for making us have to do this.

I'm interested in this too, but I can't get the import to work.

There's a dropdown menu that states: Quicken account to import into:

I don't know what to put in this dropdown. Seems that the new account (529) should be listed in the dropdown but it is not. Thanks

Read John's instructions more carefully. If you put in the first 4 lines correctly, it imports directly into the account you tell it. You don't get to the drop-down menu at all. Not letting you import into into investment accounts is what Intuit intended, presumably for some reason other than just to abuse their customers.

Yes if I understand correctly, I should add the following to the exported QIF File: !AC_529-NBO NAC_529 Plan-NBO TInvst ^

Where line one is the old account name, line two is the new account name, line 3 is Invest and line 4 is a blank (or do nothing too). Then I go to the file menu and select File->import->QIF. A dialog comes up because it wants me to browse to the file. This same dialog is what has the other options such as the dropdown menu. It also has

I'm us>> I'm interested in this too, but I can't get the import to work. >>