Best Answer. Copy. Yes, you can absolutely rollover your 401k into a CD. However, you will want to make sure that you roll it over into an IRA before purchasing your CD to avoid tax consequences …
His advice: If your 401(k) does not permit investment in a stable value fund, which can be a great alternative to a CD, and you are able to …
Can you rollover a 401k into a CD? – Answers
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This could prove costly if you retire and tap your 401 (k) cash before your CDs have matured. Additionally, most banks have minimum deposit requirements for CDs and rates on CDs are often tiered …