Etrade 401k account
Nov 09, 2007 · Is my money in E-Trade (or any stock brokerage) protected? I know that let's say, I have $150,000 cash deposited in a bank, and if that bank goes BK, only $100,000 is insured by the federal government (FDIC). The other $50,000 can likely be lost. So the safe thing to do is deposit $75,000 cash each in 2 separate banks. What to do with 401k? (Etrade, TDAmeritrade, IRAs ... Nov 10, 2011 · A co-worker mentioned Etrade has an IRA I can roll over my 401k to for free and choose any funds I like and also sell/buy stocks with no capital gains. ETrade has nothing to do with it. You can buy/sell stock with no capital gains because you are doing so in a tax-sheltered account - an IRA.