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QUICKEN LINK IT NOW DOWNLOAD
(Read the Thrift Savings Plan’s reasons why you cannot download the TSP into Quicken from the TSP site.) These instructions are from Allen at (site no longer available). So, as of now, there is no direct way to download the Thrift Savings Plan into Quicken from the TSP website, but, there is a work around. Perhaps if enough people started complaining or asking about it, things may change. I have even submitted a question about it to the TSP, but TSP workers do not answer individual questions/comments due to the sheer numbers of plan participants (over 3.4 million according to the TSP website). I have read numerous posts on forums asking about the Quicken issues. Will it change? I hope so! I know many people who would love to be able to more accurately track their TSP investments. It is possible TSP officials originally answered this question several years ago, before many people had experience using spreadsheets on a regular basis, and decided it was easier to leave things in the status quo. How about not sending out paper statements at all, unless specifically requested? I’m sure there are many other cost effective measures that can be made.ĭifficult to Use: As far as their comments about Quicken being ‘user-unfriendly’, I use Quicken, and have had no troubles downloading financial data from any of my financial institutions. Is it really that expensive to manage index funds? I’m sure there are a lot of ways that TSP officials can add Quicken compatibility, cut costs in other areas, and still charge very low fees. It has several funds that track major indexes. But think about the investments the TSP offers. (User-unfriendly? I think the government made up another word!)Ĭost: TSP costs are very low and I would hate to see a substantial increase. Basically, they said cost and a user-unfriendly interface. Now, I would like to dissect their answer.
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We will revisit this issue periodically to see if the situation has improved.” We have therefore decided not to implement such procedures at this time.
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QUICKEN LINK IT NOW SOFTWARE
However, we discovered that the cost would be too high to make it worthwhile, and, more importantly, the procedures that the software manufacturer has developed to transfer data from your account to its program are user-unfriendly and extremely hard to follow. Q: “Can I download the financial data from my participant statement into financial spreadsheet programs such as Quicken?”Ī: “We have looked into the feasibility of providing procedures for downloading a participant’s TSP financial data into a program such as Quicken. In the TSP FAQ’s, Number 4, the question is asked: Quicken charges financial institutions a lot of money to make their software compatible and downloadable. The Thrift Savings Plan (TSP), the government version of a 401k, does not currently offer its members the option of downloading their information directly into Quicken.