How quickly can you sell your funds in a Vanguard Roth IRA?
How quickly can you sell your funds in a Vanguard Roth IRA?
This is just a hypothetical question, but how quickly can you sell your mutual funds in a Vanguard Roth IRA and withdraw the money? I am assuming that the money market funds would be fairly quickly? But how quickly? What about standard index funds and even target retirement funds?
next day
I'm thinking you should be able to get your money the next business day, the only exception being (I think) that for most funds (TR, etc.) VG reserves the right to limit or delay "large" exchanges or withdrawals. Luckily(?) that's something I should never have to worry about.
It might be that some of the usual options (wire transfers for example) can't be set up on IRA accounts. I'm not sure, but that should only delay things another day or so.
Paul
It might be that some of the usual options (wire transfers for example) can't be set up on IRA accounts. I'm not sure, but that should only delay things another day or so.
Paul
Re: How quickly can you sell your funds in a Vanguard Roth I
For what it's worth, someone recently posted about how they tried to get money out of Vanguard MM fund quickly. A good primer on managing your expectations of what "fast" actually turns out to be. Thankfully for them, it was all for the best.Tabs wrote:This is just a hypothetical question, but how quickly can you sell your mutual funds in a Vanguard Roth IRA and withdraw the money? I am assuming that the money market funds would be fairly quickly? But how quickly? What about standard index funds and even target retirement funds?
Heartbreak at Vanguard
Best,
Peter
To the extent that a fool knows his foolishness, |
He may be deemed wise |
A fool who considers himself wise |
Is indeed a fool. |
|
Buddha