Due to a business sale I have about $500k set aside for federal income tax that I can keep until April 14th.
It is a set sum that I 100% cannot lose the principal on. I do have a few months to work with it. As of now I have it parked in the Vanguard Cash Plus as that seems to be the absolute safest with its 1.25m FDIC insurance and 4.5APY.
Where would you put $500k for the next 6-7mos that's set aside for federal income tax?
It is a set sum that I 100% cannot lose the principal on. I do have a few months to work with it. As of now I have it parked in the Vanguard Cash Plus as that seems to be the absolute safest with its 1.25m FDIC insurance and 4.5APY.
Where would you put $500k for the next 6-7mos that's set aside for federal income tax?
Statistics: Posted by Rearguard — Thu Aug 22, 2024 9:29 pm — Replies 20 — Views 2195