Permalink Submitted by Anonymous (not verified) on Tue, 2009-10-27 18:23
I have only seen some 401K providers offer products like “Stable Value” funds which are insurance products, typically offered at $1/share at a slowly fluctuating rate. So you can’t lose principal.
You do realize that you are restricted to your 401K’s choices, unless you have the power for them to change the provider.
Personally, I would be very weary about CD’s right now, when there is a good chance rates are going up soon.
Permalink Submitted by Anonymous (not verified) on Tue, 2009-10-27 18:23
I have only seen some 401K providers offer products like “Stable Value” funds which are insurance products, typically offered at $1/share at a slowly fluctuating rate. So you can’t lose principal.
You do realize that you are restricted to your 401K’s choices, unless you have the power for them to change the provider.
Personally, I would be very weary about CD’s right now, when there is a good chance rates are going up soon.
pmk