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re: I just opened my Vanguard Roth IRA account

Posted on 8/23/17 at 3:50 pm to
Posted by Doldil
The Ham
Member since Jan 2010
6214 posts
Posted on 8/23/17 at 3:50 pm to
I had the exact same issue/question when I opened mine. I ended up putting my money into their holding account/money market fund thing. Once money is in there, you can buy into other funds and it will pull money from the money market fund. I chose to go for the VTIVX (Vanguard Target Retirement 2045 Fund).

Basically its this: Deposit from bank to Money Market Fund, buy into Target Retirement Fund/whatever you choose with the money in the Money Market Fund.
This post was edited on 8/23/17 at 3:53 pm
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