If you decide to cash bonds instead of taking distribution in kind, you might try to estimated how much interest you will lose compared to current interest rates, compared to letting that bond mature, or be called, if that is likely, and pick the bond that will cost you the least. I think this will tend to favor cashing an earlier maturity bond unless its interest rate is way high. (For me, with bonds in a ladder, this should happen automatically, so I've not had to think through it.)
Statistics: Posted by ncdcpa — Wed Jan 01, 2025 2:42 pm