Cash in Fidelity IRA

[blue_green_sparks]

The default cash option I have been using is the govt. money market fund "SPAXX" that is still earning a paltry 0.1% even though short-term treasuries are getting up there. Any suggestions for a super low risk fund to park my cash that is doing better than that?

[Another Reader]

SPAXX was earning 0.99 percent last I checked a week ago.  If you have $100k, FZCXX pays 1.09.  Increasing the risk a bit to include some commercial paper, with $100k, you can earn 1.40 percent in FZDXX.

[blue_green_sparks]

Thanks AR,
I finally located the page with the short-term rates. As of 7/14:
1 Day   7 Day   30 Day
1.07%   1.05%   0.97%
That makes more sense after seeing that my Ally Bank account is earning 1.25% !

[ChpBstrd]

Maybe just buy treasury notes. They're paying 2% annualized for one month duration, and 3% annualized for six months. Plus they're highly liquid and basically immune to most duration / interest rate risk.

[blue_green_sparks]

Maybe just buy treasury notes. They're paying 2% annualized for one month duration, and 3% annualized for six months. Plus they're highly liquid and basically immune to most duration / interest rate risk.

I'll think will. I have a bi-annual IRA withdrawal scheme so notes will work out nicely.