Hello -
I recently came into an inheritance of around $350k and am looking for advise/tips. I'm in IL, so I don't think I will be taxed due to no inheritance tax - correct?
I max out my 401k each year (\~$300k)
Starting in 2026 I am maxing out my HSA, with the intention of paying medical out of pocket and using the HSA as an investment tool.
I invest weekly into my kids 529 college funds (\~$150k between the 3)
I invest weekly into my brokerage account: majority allocated to SWPPX (\~$150k)
I invest weekly into a HYSA (\~$10k)
During covid when rates where high, I puchased a bunch of I-Series bonds (\~$10k)
Long story short, any tips/recs to making this inheritance work for me? I have about 2 years left on a car payment, and my home should be paid off in \~4/5 years (15 year mortgage, extremely low rate compared to where they are at now).
I appreciate the help,