<title>Enter a new savings contribution in the Lifetime Planner</title>
<category>lifeplan</category>
<klink type="prcdr">How do I enter a new savings contribution in the Lifetime Planner?</klink>
</index>
<content>
<ol>
<li>On the <emph>Planner</emph> menu, click <emph>Lifetime Planner</emph>.</li>
<li>In the left pane, click <emph>Savings & Investments</emph>, and then click <emph>Savings Contributions</emph>.</li>
<li>Click <emph>New Contribution</emph>.</li>
<li>Follow the instructions on the screen.</li>
</ol>
</content>
<footer>
<extend>
<tease>Can I earmark a savings contribution to pay for a particular expense?</tease>
<reveal>
<p>No, it's not necessary. Money calculates whether you have enough savings to pay for all of your future expenses, not just one particular expense. For example, if you want to take a vacation in a year, Money will tell you if you're saving enough to meet all your goals. You can pay for the vacation with money from any of your accounts.</p>
</reveal>
</extend>
<extend>
<tease>What happens to earmarked funds when I convert from Quicken?</tease>
<reveal>
<p>Money imports Quicken Savings Goals as asset accounts with transactions representing transfers to and from that account. However, if you were saving for items that you'll buy within a year, you don't need to keep those items in your plan at all. Add them as an expense in your budget in the Budget Planner.</p>
</reveal>
</extend>
<extend>
<tease>How do employer contributions work?</tease>
<reveal>
<p>If your employer matches your retirement plan contributions, Money tracks this contribution. Follow the instructions of the Contribution Plan wizard for contributing a percentage of your salary, and then tell Money that your employer matches.</p>
</reveal>
</extend>
<extend>
<tease>What's the difference between matching contributions and profit sharing?</tease>
<reveal>
<p>With profit-sharing plans, the employer decides the contribution each year depending on the profitability of the enterprise. Matching contributions are guaranteed, based on some percentage of your own contributions.</p>
