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vanguard ira

By Terry Savage on May 07, 2024 | Chicken Money

I have 2 Vanguard ira accounts, one is a brokerage ira. I want to invest some of these funds in a Treasury Direct T Bill but do not want to get penalized for withdrawing the money from the ira. I tried to find a method to do this on the Vanguard site but did not. Can this be done without incurring a penalty for withdrawl?

Terry Says

Vanguard will buy T-bills for you through their brokerage division — but not directly from TreasuryDirect.  TD doesn’t act as custodian for qualified retirement accounts.

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