My husband (30) and I (24) have $115k in our HYSA. We already maxed out our Roth IRA this year, so I was wondering how much we should set aside for an emergency fund, and then what I should do with the remainder? Is our only option a taxable brokerage account?
What should I do with our HYSA?
byu/lemontardd inpersonalfinance
Posted by lemontardd
3 Comments
Do you max out your 401k? Do you max out your HSA (if available)? IF yes to both, I would likely go brokerage.
6 months of expenses is typical for a full emergency fund. Typically you want to leave that in the HYSA
Keep 6-12 months of excential expenses in the HSA as your emergency fund and put the rest in a taxable brokerage in VT.