Wut?* Archived Message
Posted by Stu on January 17, 2024, 11:05:03, in reply to "Quick probably isn't an issue. Stu was posting a money market fund not an account. "
Previous Message MM account is an option. Unless I'm misunderstanding something. Previous Message How quick do you need? Previous Message And fees for liquidity probably eat up any additional interest earned. Thanks, though! Previous Message Previous Message 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.
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