Comments on: I want to transfer retirement to money market account at a bank. How do I find the bank with the best rates? http://theretirementhelpcenter.com/retirement/i-want-to-transfer-retirement-to-money-market-account-at-a-bank-how-do-i-find-the-bank-with-the-best-rates Answers to all your questions about retirement. Mon, 06 Sep 2010 16:27:55 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Doctor Deth http://theretirementhelpcenter.com/retirement/i-want-to-transfer-retirement-to-money-market-account-at-a-bank-how-do-i-find-the-bank-with-the-best-rates/comment-page-1#comment-2457 Doctor Deth Tue, 16 Feb 2010 12:03:23 +0000 http://theretirementhelpcenter.com/retirement/i-want-to-transfer-retirement-to-money-market-account-at-a-bank-how-do-i-find-the-bank-with-the-best-rates#comment-2457 The Food and Drug Administration (FDA) has nothhig to do with banking - are you talking about moving money from an IRA or 401k to a NON-IRA or 401k account (that will trigger taxes and possibly early withdrawal penalties if you are under59-1/2 and money market accounts are paying maybe 0.3% if you are lucky - makes no sense The Food and Drug Administration (FDA) has nothhig to do with banking – are you talking about moving money from an IRA or 401k to a NON-IRA or 401k account (that will trigger taxes and possibly early withdrawal penalties if you are under59-1/2

and money market accounts are paying maybe 0.3% if you are lucky – makes no sense

]]> By: John http://theretirementhelpcenter.com/retirement/i-want-to-transfer-retirement-to-money-market-account-at-a-bank-how-do-i-find-the-bank-with-the-best-rates/comment-page-1#comment-2456 John Sun, 14 Feb 2010 06:06:30 +0000 http://theretirementhelpcenter.com/retirement/i-want-to-transfer-retirement-to-money-market-account-at-a-bank-how-do-i-find-the-bank-with-the-best-rates#comment-2456 BankRate.com Or, just go online and look around using the focus of your search as search words. Since savings rates change daily, you may not have the same rate available online as when you go to transfer the money so BankRate.com may be your most accurate since they update rates automatically while web pages don't change very often. Banks are FDA Insured to protect the depositor from market fluctuations and other conditions that can negatively affect a banks performance and hurt your solvency. John BankRate.com

Or, just go online and look around using the focus of your search as search words.

Since savings rates change daily, you may not have the same rate available online as when you go to transfer the money so BankRate.com may be your most accurate since they update rates automatically while web pages don’t change very often.

Banks are FDA Insured to protect the depositor from market fluctuations and other conditions that can negatively affect a banks performance and hurt your solvency.

John

]]> By: jlf http://theretirementhelpcenter.com/retirement/i-want-to-transfer-retirement-to-money-market-account-at-a-bank-how-do-i-find-the-bank-with-the-best-rates/comment-page-1#comment-2455 jlf Sat, 13 Feb 2010 22:34:58 +0000 http://theretirementhelpcenter.com/retirement/i-want-to-transfer-retirement-to-money-market-account-at-a-bank-how-do-i-find-the-bank-with-the-best-rates#comment-2455 Is this a 401(k) or similar plan? Just find the bank of your choice that offers IRAs with FDIC-insured (not FDA) deposits. Do a direct custodian-to-custodian transfer. Is this a 401(k) or similar plan? Just find the bank of your choice that offers IRAs with FDIC-insured (not FDA) deposits. Do a direct custodian-to-custodian transfer.

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