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Changing Portfolio Name and Account Number

General questions about using Fund Manager that do not fit into any other forum.

Postby Ron AKA » Sat May 16, 2020 2:41 pm

I have reached the age of 71 and need to switch my Canadian RRSP to a RRIF. All of the investments in the Portfolio will be simply transferred in kind to the new account in TD WebBroker. In Fund Manager can I simply right click on the RRSP portfolio and then use Properties to change the name of the Portfolio and the Account number? This would save me a lot of set up time compared to setting up a new Portfolio and Account and then somehow transferring the holdings to the new account. There is no change to the tax status of the account. Now I am just forced to withdraw a prescribed minimum amount each year.
Ron AKA
 
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Postby Mark » Mon May 18, 2020 7:58 am

Hi Ron AKA,

Yes, in this case, it sounds like you can simply change the name/account number properties. You might also want to add a note in the memo section to remind you of when it changed.
Thanks,
Mark
Fund Manager - Portfolio Management Software
Mark
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Postby Ron AKA » Wed May 27, 2020 7:30 am

Thank you for the response. I will make the note in the memo field as suggested. TD has not be real quick in making the transfer and I am still waiting for them to do the transfer.
Ron AKA
 
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