zwzwzw19
zwzwzw19 t1_iyd7xcp wrote
Capital One is by far the best bank I’ve used. Especially customer service. I’ve used Wells Fargo and Ally in the past.
zwzwzw19 t1_iycw3pn wrote
Reply to Short term home profit by amboy4463
HSYA, or treasuries if you know the timeline for needing the money and can then hold to maturity.
Also remember to set aside $ in HYSA if you will owe any capital gains taxes. Possible since you mentioned it’s short term. Taxes are owed if lived/owned under 2 years.
zwzwzw19 t1_iybg5gc wrote
Reply to comment by Coronator in Investing more in taxable brokerage than retirement accounts by goookologist
Agree and disagree.. they should pursue lowest fees possible (I’m a Boglehead myself), but even with outrageous fees, if there is a positive return, the benefits of the tax advantaged plans will likely far exceed the higher fees.
zwzwzw19 t1_iyais8w wrote
Reply to comment by goookologist in Investing more in taxable brokerage than retirement accounts by goookologist
That is correct with Roth. You can access contribution money, therefore it’s partially accessible prior to normal retirement age. For 401k and IRA you can either pursue a SEPP 72t plan or a Roth Conversion to access the money early and still gain some or all of the tax advantages depending on your strategy and tax bracket.
zwzwzw19 t1_iyaftal wrote
Max out the tax advantaged accounts first. There are ways to access this money early and still reap some or all of the tax advantages.
zwzwzw19 t1_j2e21pu wrote
Reply to Northwestern Mutual - Owe Money by K_b_lld
The slimiest company I’ve ever seen doing more slimy things. Surprise surprise.