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Would parking a life insurance payout in a US Treasury ETF be the best plan in the short term while we figure out longer term plans for my mom?
Would parking a life insurance payout in a US Treasury ETF be the best plan in the short term while we figure out longer term plans for my mom? Dad unfortunately died recently and left about $2m in life insurance to my mom. My siblings suggested parking it in a high yield savings account but figured the US Treasury ETFs would be more prudent as the yields are higher and she’ll save on no state income tax and as long as the Fed doesn’t go belly up anytime soon it will be 100% risk free. ...
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