Thanks BirdFood, fair enough. If one were to have everything set up that upon maturity each instrument is sold and put into sweep account, for example, and coupons are automatically put into sweep account, what could be more straightforward for significant other. Agree with that. In that scenario I'd tell them, don't look at this crazy list of various titles to bonds, just look at the balance of the sweep account and pay our taxes from there. In the real world, I have no idea if this can be made as simple. Probably the more hands-on your brokerage is, the better.Well, if it's an already-established non-rolling ladder, and there's enough or more than enough per rung, there's really not much to explain. Scenario: A rung spills out, some of it gets spent on taxes, and there's a pre-chosen place to put the leftovers. (Or the leftovers sit in the bank account and there's a pre-chosen place to put excess from the bank account when it gets too high from whatever sources spill into it.)
Statistics: Posted by Dude2 — Mon Jul 22, 2024 12:59 pm — Replies 22 — Views 1636