I have 401a/403b accounts at Fidelity from a former employer (a single employer that gave both accounts) that I want to rollover. I think my plan is to roll them into a traditional IRA so I can continue to contribute and grow. When I go to set up the rollover it asks me what I want my “Core Position” to be 1)Fidelity Government Money Market Fund (SPAXX) or 2)FDIC-Insured Deposit Sweep Program (FDIC) are the two choices given. I have no idea what these are. Which do I choose?
Hi Erin,
See this article! Which Core Position Should You Choose? SPAXX vs FDIC (Fidelity) – Personal Finance Club
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