I closed on my house last week. Vanguard's hold on the transfer ends Tuesday, so I have a chunk to invest in my taxable brokerage account. I retired last year, so I'm concerned about sequence of returns risk. I also have to be concerned about IRMAA brackets, so some accumulation element would be tax-effucient.
I'm thinking that dividend ETFs might be a good long term strategy. Is the qualified/non-qualified tax status of the distributions a function of how long **I** hold the ETF or a function of how long the ETF has held the individual issues?
I'm thinking about an initial portion in MUNY (NY Municipal bond fund) and an allocation among VIG, VIGI while moving funds from MUNY to VYM and VYMI over several years. Thoughts on this strategy?