Any way to integrate Pays stub into quicken Simplifi

Question

Hello  All;

Is there a way to integrate a pay stub into simplifi to manage 401K contribution and Medical expenses?

Coach Kristina · Accepted Answer

Hello @Paresh,

Thank you for reaching out!  Currently, there isn't an automated way to upload paycheck information into Quicken Simplifi.  You can add the information manually by following the instructions in this article on tracking pre-deposit paycheck deductions:

https://support.simplifi.quicken.com/en/articles/5983781-how-to-track-pre-deposit-paycheck-deductions#h_1828a384d4

Based on our article on how the Retirement Planner works, it doesn't appear to be designed to use that kind of information.  It uses the information you provide it.  For example, here's the information from our article showing what it'll ask for when using the Advanced option:

Entering Data - Advanced

The Advanced option provides additional fields, such as separating tax and tax-deferred amounts, adding yearly increases to contributions, and choosing your own inflation rate.

* Age: Enter your current age.
* Already taxed investment balance: Enter the total balance of accounts where taxes have already been paid, such as Roth IRAs and brokerage accounts.
* Tax-deferred investment balance: Enter the total balance of accounts where taxes have not been paid yet, such as Traditional IRAs and 401(k) accounts.
* Annual taxable contributions: Enter the total amount you contribute each year to after-tax accounts, such as Roth IRAs.
* Annual tax-deferred contributions: Enter the total amount you contribute each year to pre-tax accounts, such as 401(k)s and 403(b)s. Taxes are usually paid when you withdraw the money in retirement.
* Expected annual increase of contributions: Choose how much you expect your yearly contributions to increase over time.
* Retirement age: Enter the age at which you plan to retire.
* Life expectancy: Many factors affect how long a person may live. You can use the linked calculator to estimate your life expectancy.
* Annual living expenses: Enter your expected yearly expenses after retirement. This amount will be subtracted from your retirement savings each year in the calculation.
* Annual retirement income: Enter any expected income, such as Social Security or other non-investment income after taxes.
* Inflation rate: The default rate is 3%, but you can change it if needed.
* Pre-retirement investment returns: Choose the rate of return you expect before retirement.
* Post-retirement investment returns: Choose the rate of return you expect after retirement.
* Pre-retirement tax rate: Enter your current tax rate. This is usually higher while you are working.
* Post-retirement tax rate: Enter the tax rate you expect after retiring. This is often lower if your income decreases.

If this is a function you'd like to see added to the Retirement Planner, I recommend creating an Idea Post to request it.  Ideas that get enough votes may be implemented in the future!  For information on creating an Idea post, please review the discussion linked below:

https://community.simplifimoney.com/discussion/998/creating-and-voting-for-ideas-in-the-community

I hope this helps!