RoyDornoch
Dryer sheet aficionado
- Joined
- Nov 22, 2009
- Messages
- 30
Looking for Self-Employed 401k that allows me to buy CDs
Vanguard holds my 401k and both the volatility and yields on its fixed income investments concern me. I'm looking for a 401k where I can hold CDs from virtually any bank, so I assume that is a self-directed 401k. However, I'm not seeing where those are available from well-known providers.
The account has about $1.5MM and I'm using it for the fixed income portion of my allocation so a safe 1% yield right now on short-term cash/CD fits what I'm looking for.
Anyone know of any self-directed 401k providers that would offer this flexibility?
Thx.
Vanguard holds my 401k and both the volatility and yields on its fixed income investments concern me. I'm looking for a 401k where I can hold CDs from virtually any bank, so I assume that is a self-directed 401k. However, I'm not seeing where those are available from well-known providers.
The account has about $1.5MM and I'm using it for the fixed income portion of my allocation so a safe 1% yield right now on short-term cash/CD fits what I'm looking for.
Anyone know of any self-directed 401k providers that would offer this flexibility?
Thx.
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