I have SoFi and there’s a no fee transfer to my main bank (plus it has its own debit card), so it’s as accessible as it can be. I assume others are similar.
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I have some cash that I'll use to supplement payroll income for my annual budget. I have distribution income, also, but don't know exactly when I'll take it or how much it will be, so I set aside cash.
I'm using it to supplement because I'm maxing out my companies match - 50% up to 60% of my salary. So dumping 60% of my salary into the 401(k).
I don't necessarily want the cash sitting in my checking account but it does need to be accessible. Is there anything other than a high-yield savings account with no fees or penalties for withdrawals that would do the trick? I thought about staggering some short-term CD maturity dates but the interest isn't as good as the savings account.
Anything else? Am I missing something? Overthinking it?
Not coincidentally, looking for some recs on local financial planners. Ready to move my business.