Investment Transaction Activity – How to Handle Employer Matching (edited)

Dick_Davis

As shown in the attached image for the employer matching, how is the best way to handle this? Right now, I have these matching as “Uncategorized”.

Investments Transaction Activity Screenshot 2025-08-15 155603.png

SRC54

If your employer matching is added to the retirement ccount periodically and the account is connected to Simplifi, I would just do it as a Payment/Deposit and mark it as a simple transfer. This way it won't count in your Spending Plan, and it is not taxable anyhow until you withdraw it after retiring.

Coach Kristina

Hello @Dick_Davis,

Thank you for reaching out! To clarify, what are you trying to do? For example, if you use Quicken Simplifi to help with tax preparation, then you may want to create a category that has the appropriate tax form/line associated with it (for information on creating a category, click here).

I look forward to your response!

Dick_Davis

@Coach Kristina, for clarity you can reference the response from @SRC54. To further clarify, these tranactions are employer matching for the Employe Sponsored 401K.

Dick_Davis

@SRC54, thank you for the response. I will give this more though and possibly try this approach. My reasoning, is that when I search for Uncategorized, there is a reason and I don't want to get confused.

SRC54

Understand as it is up to you. Another way to do it would be to create an income category for your Employer Match. It would still be a deposit into your retirement account but you could still exclude it from the Spending Plan and Reports.

In fact, you can exclude all transactions from your retirement accounts at the account level by going to Settings:Accounts and doing so. This is what I do with my IRAs.

Dick_Davis

@SRC54, after our last exchange, I was pondering doing this the way you described above. So, I will give it a try and thanks for the recommendation and how you are handling yours.