MMA or HYSA ??

Jessica Durphy

Guru
100+ Post Club
293
Kentucky
Quick question for my incredibly smart counterparts! :)

After purchasing my agency a few months ago ~ and experiencing the blessing of incredible commission amounts being deposited into my bank account each month, I feel like I'm wasting the use of a MMA or High Yield Savings for the Commission or General Fund.. and losing out of lots of passive income.

Any other Agency owners use a MMA or HYSA to park your commission dollars in each month just to take advantage of the %? If so, What do you use?

They're all asking for my personal information rather than the Agency or Business information... Makes me cautious, although I'm the sole agency owner, I don't necessarily want the "increase" to be sent to "Jessica Durphy" ... increasing my "taxable" income.

Any advice would be helpful!
 
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