(Click to enlarge image)
This investment option is designed to preserve your investment principal with low risk and provide a low, stable rate of return until you can access your money in retirement.
The Safe Harbor IRA invests in short-term U.S. Treasury bills through the SPDR Bloomberg 1-3 Month T-Bill ETF (BIL). Treasury bills (T-bills) are short-term securities issued by the U.S. government, where you lend money to the government for a fixed period, typically between 1 and 3 months. These securities are considered low risk because they are backed by the U.S. government.
Under normal market conditions, the Fund invests at least 80% of its assets in securities that make up the Index or have similar characteristics, and may also invest in non-Index debt securities, cash, cash equivalents, or money market instruments for cash management.
No reviews yet.
Let users know what you would have wanted to know about this company.
