This Low-Risk 401(k) Investment is Guaranteed to Not Lose Your Money. Here’s When it May Make Sense to Use

For investors nearing retirement or already retired who need the certainty of cash but want to squeeze out a bit more yield, a certain investment in your 401(k) plan may fit the bill.

It’s called a stable value fund (or something similar) and typically is available only through defined contribution plans such as a 401(k).