How to put some IRA in cash (brokers, mutual fund, custodian)

[PriscillaVanilla]

How can I put some of my IRA in cash?

[Hefe]

Set up an IRA with a bank & then put cash into it - money market or CDs.

[flyonpa]

"Cash" cash you can't.

(Will i guess in theory you could have the cash in cash form had by deposit company like it would hold physical Gold)

You can have it held in a money market fund, That is like a saving account that hold nothing but "Cash" assets in a the brokers bank account.

[Petunia 100]

Originally Posted by PriscillaVanilla

How can I put some of my IRA in cash?

Who is your custodian? Surely there is an option for a money market fund or etf.

[PriscillaVanilla]

Originally Posted by Petunia 100

Who is your custodian? Surely there is an option for a money market fund or etf.

Vanguard.

[Lowexpectations]

Ed Jones might be able to help

[flyonpa]

Originally Posted by PriscillaVanilla

Vanguard.

Here is a list of the Vanguard money Market funds:

https://investor.vanguard.com/mutual...th-end-returns

You would have selected a money market fund when you set up the (Or it was setup for you) as your default. (You can change it if you want to)

To move from a Mutual fund to "Cash" Money Market Contact Vanguard they will sell your MF and move it to the money market fund.

[macyny]

Do you have control over your IRA? If so, when you sell something it is cash in that account. You don't need to do anything.
I have our IRA with Fidelity and I control it. I can buy and sell as I please. When I sell something, it automatically goes into their money market.

[lottamoxie]

When you have a brokerage account (like at Vanguard or Fidelity), any monies you haven't specifically invested in a stock or fund are held in a cash equivalent fund. Just depositing money to your account puts that money into the cash equivalent, as long as you haven't specified where it's going, like an auto-invest option. This is true regardless of the account being an IRA, a Roth IRA or just a plain taxable brokerage account.

[Aredhel]

Originally Posted by lottamoxie

When you have a brokerage account (like at Vanguard or Fidelity)....

One caution: older accounts at Vanguard may not be on their brokerage platform (which is fairly new). The OP needs to check which sort of Vanguard account they have, and what their money is currently going into.