CMA
Comerica Incorporated
stock NYSE

Hi all,
I know from browsing, these kind of questions get asked a lot, but I figured I would ask again.
Quick backstory: my FIL was an \*\*\*hole, my MIL finally left him after 45 years. He got half of everything anyways. Fast forward 6 years, he just passed. What he didnt spend or get scammed out of is being divided between my wife and her brother.
Napkin math says they should each get about 750k pre tax, all said and done. We have about 200k in things we need to buy/pay off, which leaves us say, 300k we want to invest.
1. Am im correct in that we need two accounts if we want to set up a IRA for each of us? But one can be authorized by the other to move money, etc?
2. An ETF and then set it and forget it seems like what we want to do. I know everyone has their favorites. Does interest earned automatically go back into the ETF or does it go into a CMA ? Tax paid as it earns interest, or on withdrawal? Or tax day?
3. If you use a credit card tied to the account, its using funds from the CMA, not the ETF, right? The thought process being we might as well put it all into the CMA until we spend what we need to.
4. What's the easiest way In people's experience to move money from a probate bank account to fidelity? Wire? Transfer? Check? Gold bars?
5. Anything else someone new might miss? Thanks,

I have my roth ira and 401k through Fidelity. With the cash management account is it basically a checking/savings account with better interest?
When I max out my roth ira contributions for the year would it be smart to just start putting money in the CMA to build for 2027 roth ira contributions?

Hi all,
I know from browsing, these kind of questions get asked a lot, but I figured I would ask again.
Quick backstory: my FIL was an \*\*\*hole, my MIL finally left him after 45 years. He got half of everything anyways. Fast forward 6 years, he just passed. What he didnt spend or get scammed out of is being divided between my wife and her brother.
Napkin math says they should each get about 750k pre tax, all said and done. We have about 200k in things we need to buy/pay off, which leaves us say, 300k we want to invest.
1. Am im correct in that we need two accounts if we want to set up a IRA for each of us? But one can be authorized by the other to move money, etc?
2. An ETF and then set it and forget it seems like what we want to do. I know everyone has their favorites. Does interest earned automatically go back into the ETF or does it go into a CMA ? Tax paid as it earns interest, or on withdrawal? Or tax day?
3. If you use a credit card tied to the account, its using funds from the CMA, not the ETF, right? The thought process being we might as well put it all into the CMA until we spend what we need to.
4. What's the easiest way In people's experience to move money from a probate bank account to fidelity? Wire? Transfer? Check? Gold bars?
5. Anything else someone new might miss? Thanks,

I have my roth ira and 401k through Fidelity. With the cash management account is it basically a checking/savings account with better interest?
When I max out my roth ira contributions for the year would it be smart to just start putting money in the CMA to build for 2027 roth ira contributions?