Employer Contribution Not Vested

Actually, what I'd do is only record the amount that IS vested in Quicken. That portion has an actual current value to you. The amounts NOT vested would presumably go away should you quit the company tomorrow ... thus they have no CURRENT value.

You can record the vesting dates and quantities using future dated "Reminder transactions". On the appropriate date, you'd then record the actual shares into the account.

db

And if you show ownership of the unvested portion (i.e., the part that you DON'T yet own), you're overstating your assets.

Not to mention that should you, for any reason, leave the company before the vesting date, you'll need to go back and undo all of those premature transactions.

Pick your poison.

db

"Stewart Berman" wrote

This is not a terribly big deal; I have an account that is always "out of balance" because the fi does not download mm holdings. I just "Cancel" Quicken's offer to correct.

And you don't even have to get that offer; you can tell Quicken not to compare holdings following each download for a particular account. If you reconcile to your printed statement each month, you probably don't need that compare anyway.

If I left the company before vesting the account would show a withdrawal of the unvested portion. There aren't any transaction to reverse.

I think the best way to show it would be to setup a loan account as being the source instead of a contribution from the company. The loan would offset the unvested dollar amount. Should I become vested I would just change the source of the funds from the loan account to a company contribution.

Stu

"danbrown" wrote:

And do you also record in Quicken the amount of Inheritances that you MIGHT get in the future?

How about recording the salary that you THINK you deserve?

I would hope that the answer to both these questions is no ... because they're as unreal & uncertain as your unvested balances.

You MIGHT get them ... but only time will tell. I wait until I own (or have a current, legal right to claim) an asset before I record it.

db

If I don't show the unvested amount in my retirement account the ROI will be wrong and the earnings are vested.

Let say I have $40,000 vested and $20,000 not vested all of which is invested in one mutual fund at the beginning of the year. The account shows $60,000 in the mutual fund. If, at the end of the year the mutual fund holding is now worth $66,000. The ROI is 10%. The unvested portion is still $20,000.

What I need to do is to have a fixed offset of $20,000. By sett>And do you also record in Quicken the amount of Inheritances that you

I setup up an "Unvested" retirement account. Then I tried putting in a payroll transaction with a negative Employer contribution and Quicken said "You don't need to enter a negative amount for deduction. Quicken will handle it for you." and it made it positive again.

So all I could do was setup a transfer from the 401(k) to the "Unvested" retirement account.

Stu

Stewart Berman wrote:

222 10303 body I setup up an "Unvested" retirement account. Then I tried putting in a payroll transaction with a negative Employer contribution and Quicken said "You don't need to enter a negative amount for deduction. Quicken will handle it for you." and it made it positive again.

So all I could do was setup a transfer from the 401(k) to the "Unvested" retirement account.

Stu

Stewart Berman wrote: