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Old 08-23-2006, 09:00 AM
DFIGTREE
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Default Re: What is the best place to have an IRA ??


l0200100[at]yahoo.com wrote:
- quote -

> What is the best place to have an IRA ?? I am looking for the place
> with the highest yielding cash sweep, so that I can park all my
> retirement assets there temporarily for several months.
> Etrade's IRA cash sweep is only yielding 2.54%, no annual fee
> Fidelity's IRA cash sweep is yielding 4.98%, no annual fee
> Does anyone know of a place that is yielding better than Fidelity in
> their IRA cash sweep?


The 2.54% is probably the year to date return and the 4.98% is probably
an annualized number. You need to get the 7 day annualized yield
figure from ETRADE and compare that to Fidelity's 4.98%. After you are
through parking your money in your IRA, what are you going to do with
it? That's may be the real question you want ask yourself. Also, who
is the beneficiary?

  #-1  
Old 08-21-2006, 09:00 AM
l0200100@yahoo.com
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Posts: n/a
Default What is the best place to have an IRA ??


What is the best place to have an IRA ?? I am looking for the place
with the highest yielding cash sweep, so that I can park all my
retirement assets there temporarily for several months.

Etrade's IRA cash sweep is only yielding 2.54%, no annual fee
Fidelity's IRA cash sweep is yielding 4.98%, no annual fee


Does anyone know of a place that is yielding better than Fidelity in
their IRA cash sweep?

 

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ira, place
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