or Create a profile
22 Jun, 2018 01:28 AM
In my husbands 401(k) they recorded an "earnings adjustment due to stock price" as a sale of stock. When I recorded it, it threw off my cash balance by the amount of the sale. How do I simply reduce the amount of stock in that fund by the adjustment?
It wasn't a significant sum but it drives me nuts not be be in balance. :)
on 22 Jun, 2018 06:00 AM
I am sure we can work it out. Do you have your 401(k) as an investment account with one or more stocks associated with it? Did they reduce the number of shares or the price or both?
As test I tried doing a sale of stock with a cost of 0.00. It reduced my number of shares and did not affect my cash balance. Just check that the stock price has not been affected.
Mike ( A user not MD Support)
on 22 Jun, 2018 02:10 PM
Yes, the account is set up as an investment account with 10 funds. the entry by the record keeper shows date, fund, shares, per share $ & total $.
on 22 Jun, 2018 02:51 PM
Then my suggestion should work. Put a sale through with the correct number of shares. Set
the cost to zero after setting the number of shares. Don’t touch the price. Hit enter.
Sent from my iPad
on 24 Jun, 2018 12:47 AM
that worked perfectly! thanks so much.
On Friday, June 22, 2018, 7:51:47 AM MST, Mike Bray <[email blocked]> wrote:
Formatting help /
(switch to plain text)
(switch to Markdown)
You can attach files up to 10MB
If you don't have an account yet, we need to confirm you're human and not a machine trying to post spam.
A conversation has been started with the Infinite Kind staff to resolve this discussion.
This discussion is private.
Only you and Infinite Kind support staff can see and reply to it.
This discussion is public. Everyone can see and reply to it.
You can use Command ⌘ instead of Control ^ on Mac
Powered by Tender™.