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Author: SailsFroya Three stars, 500 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 10320  
Subject: Re: Query: Account Type ...? Date: 2/10/2013 7:00 PM
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I am trying to help a friend with this ...

You wrote/my comment

I assume the MM fund you mention is the sweep account for that broker/account. Correct.

Each of my accounts that have a sweep fund show a line for cash in the portfolio view. It's always the last line in each account. In my Quicken portfolio this is true; not so for his ...

His do not show a line for cash; neither is he allowed to "show cash in a checking account" in the "Edit Account Details" dialogue box.

In my "Qucken" I have these "type" accounts: "Investing" & "Traditional IRA" each allows for Cash/Checking separately; and the line/row named Cash is visible, as you say, in the last line.

I also have my ROTH set up as an "Investing" account so that it WILL show "Cash" separately. I simply have it marked as "Tax Deferred" although there will be no taxes upon withdrawal.

He recently set up his accounts as ROTHS ... and now wants them to show the cash separately. We cannot get this to happen and thought about switching them to "Investment" or "Traditional IRA" to make that possible.

Everything else you wrote is set up as you infer/suggest. I never really checked those sdettings ... so they must have defaulted to the current settings.

It's all about having that separate line, labeled "Cash" for each account in the protfolio. Tha's why I asked if an account "type" coud be changed after it has been created....

Thanks, again,

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