OK, what I do or would do is a combination of similar choices.
Put your taxable cash in a lower-paying fund -- municipal money market. If that isn't low enough, just using your regular low-paying credit union also is fine.
When your equity funds grow too much, give away the excess; i.e. spend it in a meaningful way.
You can give away shares without getting taxed for them, or adding to MAGI.
Give to family members and donate to charities which you value. If you don't want to give them so much now, you can donate shares to a donor-advised fund, and decide later on charities which are meaningful to you.
If you really have nothing which is meaningful to spend on, spend some money to learn what will be meaningful.
Put your taxable cash in a lower-paying fund -- municipal money market. If that isn't low enough, just using your regular low-paying credit union also is fine.
When your equity funds grow too much, give away the excess; i.e. spend it in a meaningful way.
You can give away shares without getting taxed for them, or adding to MAGI.
Give to family members and donate to charities which you value. If you don't want to give them so much now, you can donate shares to a donor-advised fund, and decide later on charities which are meaningful to you.
If you really have nothing which is meaningful to spend on, spend some money to learn what will be meaningful.
Statistics: Posted by ReadyOrNot — Sat Nov 16, 2024 2:20 am — Replies 51 — Views 2804