5/28/2024

Tracking Roth and Traditional contributions in One Retirement Account

 I am new at trying to use the "old" way and found it confusing from the Threads available.

Simply, in as few words as possible;

  1. Quicken lets you set up a new account of type 401k (x) tax deferred.
  2. When you setup a paycheck using
  3. [BILLS & INCOME] tab > [Add v] button > "Add Income Reminder"
  4. Looking down at the bottom of the dialog click on "Paycheck setup wizard"

Choose (x) Gross amount > [Next] button

Company name: "myemployer" > [Next] button

Fill out the sections for your paycheck, adding a

[Add Pre-Tax Deductions] > Other Pre-Tax Deduction

  1. Name: Broker - Traditional
  2. Category: replace the word "Salary" with the "[401k Account]" you set up, type but ignore the dialog that pops up > "[401k Account]/Traditional" and press enter, press [OK], ignore the [New Tag] dialog and press [Save]
  3. Amount: enter an amount if you like, press [OK]

[Add After-Tax Deductions] > Other After-Tax Deduction

  1. Name: Broker - Roth
  2. Category: replace the blank field with the "[401k Account]" you set up, type but ignore the dialog that pops up > "[401k Account]/Roth" and press enter, press [OK], ignore the [New Tag] dialog and press [Save]
  3. Amount: enter an amount if you like, press [OK]

When a paycheck is "Action > Entered" from Bills&Income, "tagged" contributions will be placed into the same 401k account; you can tell from their tags their contribution type.

My Retirement Account does not track contributions separately until withdrawl, it lumps them into a ratio between the total of each contribution type which adds up to 100 percent.

On the day of withdrawl the current contribution ratio is used to calculate the available funds of each type from the total of the balance in the account.

A report to find out the current contribution totals can be run from;

Reports > Banking > Transaction

Select [Accounts] tab > [Clear all] button, and check the account "401k account"

Select [Tags] tab > [Clear all] button, and check the tags "Roth" and "Traditional"

Press the [Show Report] button

Select the [Date range: Year to date v] pick the [Custom to Date], press [OK]

a tabulate report will appear with only the tagged transactions for the account chosen.

This is a work around.

The important parts are the "/Roth" and "/Tradition" tag creation and appending to the Paycheck Cash Transfer Transaction type, not all Transaction types support tags.

This workaround does not support the Tax Planning or Forecasting features of Quicken, it allows you to manually track contribution types and reconcile with some retirement plan reports.

I find it better than nothing.

A more Robust solution would be appreciated.

5/11/2024

Windows XP Mode on Win7 with VirtualBox

 Windows XP Mode was a freely activated copy of Windows XP from 2001 that ran on Windows 7 Pro and Win 7 Ultimate in the old Connectix Virtual PC. Microsoft acquired Connectix Virtual PC and made it into a a standalone installation package which had to be installed separately from an installer that contained a Windows VHD image of a Windows XP machine called Windows XP Mode.

Windows XP Mode did not need to be activated online, since it relied upon a new version of Activation called OEM BIOS Locking.

The Microsoft Virtual PC software has a form of virtual BIOS which contains the activation key for Windows XP Mode, so after installation was complete within the Virtual PC instance it would autoactivate, or already be activated.

VirtualBox is a slightly more advanced virtual machine kit which comes from Oracle, but also runs on many Windows, Linux and MacOSX and MacOS platforms.

VirtualBox also has a way of loading a BIOS image if dumped from a running systems memory using a tool like SLIC Toolkit. By modifying the dumped image and adjusting the Virtual Machine Settings using the VBoxmanage.exe tool to load it.. the Windows XP Mode image can be loaded into Virtualbox on not only Windows, but Linux, MacOSX and MacOS.. 

The Windows XP Mode VHD must be converted first however using the VBoxmanage tool to clonehd the image and export it as format VDI.

The placement of the BIOS activation string within the modified BIOS dump also moves around slightly from VBox 4.0 to 5.1-5.22 to 6.0 by a single or more bytes. The BIOS is compiled differently for each version of VBox. This technique is known to work on those versions, but the latest version is 7.0 and it is not known if it can still be made to work on that version.

VirtualBox is also know for supporting USB pass thru and offers a more robust long term way of supporting XP SP3 as activated on more varied and modern os platforms in the current year.