Originally Posted by
brocklee9000
Just got off the phone with some people. Sounds like it will come as a lump, unsure if they will withhold any taxes but my guess is $35K. No idea when the tax bill will be due, probably in a few months when I start my taxes.
i had the same thought. Put some into an i-bond, open a HYSA like Ally, etc. But it’ll just be simpler to set it in my savings account and just not touch it.
Can’t cash an I bond for 12 months. You could really back yourself into a corner doing that