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AcademicApplication1 t1_jecjbrm wrote

You cannot hold cash in a 401k so there's no taxable event, all funds must be invested in something

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DrGreenMeme OP t1_jeetopw wrote

Wym? If I sell FXAIX in a fidelity 401k, the money must go somewhere? Held in SPAXX or something but basically cash, no?

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AcademicApplication1 t1_jeewmnc wrote

When you "sell" you must move to something else like even a money market isn't considered cash, you can never have cash in a 401k

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