Transfer their money out of the mutual funds and put it in a money market account. You don’t have to close any accounts as all intuitions have a MM account. So just transfer it. Pro tip- if you do this online, the MM account is listed under the “low risk” selections. I did all of mine right before the election to protect my capital.
Transfer their money out of the mutual funds and put it in a money market account. You don’t have to close any accounts as all intuitions have a MM account. So just transfer it. Pro tip- if you do this online, the MM account is listed under the “low risk” selections. I did all of mine right before the election to protect my capital.