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Options for handling an inherited $20,000 at age 71

MarketWatch notes the reader already has an IRA, a high yield savings account, four CDs, and checking and savings accounts.

Reported · Written up by our desk · Fund Industry

MarketWatch addressed a reader question about what to do with an inherited $20,000 at age 71.

In the inquiry, the reader said they already have an IRA, a high yield savings account, four CDs, and checking and savings accounts.

The outlet’s focus is on practical planning considerations for someone with that mix of accounts and cash equivalents.

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Sources

MarketWatch‘I feel lucky’: I’m 71 and inherited $20,000. What should I do with this money?
MarketWatch‘I feel lucky’: I’m 71 and inherited $20,000. What should I do with this money?

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