Since she is in CA, why not a 3 or 6 month t-bill yielding 5.3% and that is not subject to state tax, instead of SPAXX or the institutional version?
Does the maxing out of 401k include after tax contributions that can be converted to a Roth? Does the plan allow that?
I am not sure if Dad's t-IRA will impact her ability to do a backdoor Roth conversion. If it does, then it may not be worth going that path.
How much are her annual expenses?
Does the maxing out of 401k include after tax contributions that can be converted to a Roth? Does the plan allow that?
I am not sure if Dad's t-IRA will impact her ability to do a backdoor Roth conversion. If it does, then it may not be worth going that path.
How much are her annual expenses?
Statistics: Posted by anoop — Thu Jul 04, 2024 3:29 am — Replies 1 — Views 88