Banks

[White Cat]

A bank that has branches in Canada and the USA that make it easy to transfer money back and forth between accounts.

 

[dvcgirl67]

USAA because of their reliability. I don't care I am not getting paid a ton back, I just want to know it is there and am willing to give up % in exchange. I sort of accept the loss it as an acceptable loss fee at this point. In fact, I feel the same about keeping $ in the bank instead of investing, too much bad behavior & noone going to jail for it. What is already in 401K is can't be changed but the rest can be controlled.

Zero accountability means zero trust, you reap what you sow and the seeds of no confidence have taken root.

Just curious, do you mean you're putting your 401K contributions in a bank account....like a checking account? I didn't even know that was possible.

 

[Nick6300]

Just curious, do you mean you're putting your 401K contributions in a bank account....like a checking account? I didn't even know that was possible.

My guess is Luv was stating that other than 401K, she prefers to have everything else with USAA like savings accounts, checking, CDs.

I don't think you can choose outside the 401K vendor's set funds, which does generally include either a money market cash or something stable. I have seen a Fidelity 401K with a listed option to link some sort of outside funds, but never paid much heed to that since the sponsored choices are good, and I assume that was just some sort of rollover of old accounts option, not an actual 3rd party election.