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Msg  57223 of 57385  at  12/7/2023 6:24:04 PM  by

rlp2451

The following message was updated on 12/7/2023 7:07:26 PM.

Re: FDRXX my Fidelity core account

It depends on the type of account in Fidelity which funds can be accessed for their sweep  options:

Money in your nonretirement account's core position can be held in the Fidelity® Government Money Market Fund (SPAXX), the Fidelity® Treasury Fund (FZFXX), or the Taxable Interest Bearing Cash Option (FCASH)

Money in your retirement account's core position can be held in the Fidelity® Government Money Market Fund (SPAXX), the Fidelity® Government Cash Reserves (FDRXX), or a bank sweep, also called the FDIC-insured Deposit Sweep (CORE).

An option for higher risk/yield is FFRHX (Fidelity), paying 9.34%, 30 day yield 9.26, YTD return 10.99%. 
 
I use SWVXX in my Schwab sweep accounts, 7 day yield 5.26% .  Use like a cash account.
 
 


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Msg # Subject Author Recs Date Posted
57224 Re: FDRXX my Fidelity core account bankbuyer 1 12/7/2023 6:29:59 PM




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