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Simple IRA Auto Cash In?
Posted on 3/20/17 at 12:40 pm
Posted on 3/20/17 at 12:40 pm
I have a Simple IRA through work. I re-allocated a little over a year ago and stopped contributing to a fund I once contributed to. I just saw that fund automatically "cashed in"?
Is that a thing?
Is that a thing?
Posted on 3/20/17 at 2:16 pm to boosiebadazz
If it doesn't meet the minimum balance that the fund requires it will liquidate it. If that fund knows you're on bank draft it will allow you to purchase into it below the minimum.
Posted on 3/20/17 at 2:49 pm to boosiebadazz
Banking on social security being around in 40 years, I see. Yikes/bold call.
Posted on 3/20/17 at 2:56 pm to Lou Pai
?
Still put away 13%, just reallocated to a different set of funds.
Still put away 13%, just reallocated to a different set of funds.
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