Reply To: Can't Have IRA High Yield Savings Account?

Home Fairmark Forum Retirement Savings and Benefits Can't Have IRA High Yield Savings Account? Reply To: Can't Have IRA High Yield Savings Account?

#4678
kaneohe
Participant

Thanks for the comments/confirmations, Alan. Still a bit mystified why Bank A would allow money market funds but not HYS. Seems like they would have similar problems. The pessimist in me says they give you the
lower yielding acct in exchange for any flexibility that you get. Rules are rules, I guess, but I can still give them a headache about why they do it.