As you already know, there is always the possibility of an investment company-issued money market mutual fund "breaking the buck" (i.e., having the value of a share go below $1). Since the account is for a retirement savings plan, a trustee-to-trustee transfer to move the money to another plan custodian should be possible. If you are a very conservative (low risk tolerance) investor, a bank or credit union money market deposit account might be an option. Simply set up a rollover account with the new custodian and then contact Fidelity and request a transfer of funds. Just a caution, however: by keeping a large portion of your retirement savings in cash assets, there is exposure to significant purchasing power risk. In other words, your savings will buy less in the future because it will lose value due to inflation. Both inflation and taxes will be eroding the value of your retirement account. Be very conservative with asset withdrawals to avoid outliving your savings. We would like your feedback on this Personal Finance Frequently Asked Question.

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