The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Re: Changing Simple Plans Date:  8/21/1999  11:19 PM
Author:  dharmadollars Number:  13326 of 100127

Pixy's response is, as usual, direct, cogent and useful--a winning combination. I add one minor point. In order to avoid the 5% commission to the broker, inquire about the availability of th American Funds money market fund. I believe they refer to it as a cash management account. Last I heard they were still offering that vehicle with no sales charge. If that is still the case, direct your SIMPLE deposits into that vehicle, and transfer them out from there.

Copyright 1996-2020 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us