What to do with inheritance? (Favorite tax-efficient funds?)

[lurkyloo]

Aaaand once a trade is placed you can’t alter it including to request overnight mail    There is also no option to request overnight mail when redeeming online.  But, redeeming online makes me feel better about getting the proper tax lot IDs lined up plus lets me fine tune it better.

Really, really unimpressed with TIAA.

[lurkyloo]

Brief update:  I rolled 1100 shares over to Fidelity in late Nov.  Despite having SLID then FIFO cost basis chosen, they took the fractional amount from every lot    I went ahead and transferred them all to a donor advised fund anyway, despite the suboptimal usage of capital gains.  It worked out that the transfer happened at a high point for share value and just before capital gains ex-date, so that was nice in terms of maximizing donation value and minimizing taxable gains.  If I do this again I’ll roll over double the amount targeted for donation to Fidelity and do FIFO basis donation, which should limit the donation to non-covered shares with generally higher capital gains.

I’m lazy and leaving the beneficiary IRA investments mostly as they are, although I’ll cash out the bonds and precious metal holdings last.  Took my first RMD a few weeks ago and now need to go back to DCA into the market.  A bit nauseating to do the 37% fed/9% state withholding and think it’s probably still not enough.  2024-2025 will not have the random huge stock bonus from DH so I’ll take larger distributions these two years to fill up the 35% bracket space.

Happy New Year!