When investing in a Vanguard Roth IRA, can you only invest into the Fed Money Market Fund (VMFXX) which is default? Or can you select other funds such as S&P (VOO)?

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You can invest in anything they offer. You are not limited to the money market fund.

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Assume already did backdoor conversion - TIA!

That is probably just the settlement fund. Whatever is in that mm fund should be the amount available to buy something else

EY1 is correct. I use Vanguard for my IRA and don’t keep anything in MM, but if I want to sell something, that is where the proceeds would go.

An alternative is to do a transfer whereby they sell and then immediately use the proceeds to buy something else in the same transaction.

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Do people put their Roth money in funds like VOO or safer options?

Theoretically you want your most growth in Roth. Mine is all the fidelity equivalent of VTI and IJS which is a small value fund.

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Looking to support a new APIA founded startup? Well look no further!

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