<prompt> Human: Both of my parents died suddenly. They had intentions of putting their assets into trusts for myself and my 2 siblings but life happened before their plans. I am a co-executor of the estate with one of my siblings. Below Im going to provide only the details for what I havewill receive R for recieved, NYR, for Not Yet Received The Details all sums are USD: An IRA from which I will receive around 4,200 2x a year for 5 years I have 20 taxes taken out automatically R 1st install An IRA lump sum: 5,430 20 taxes taken out NYR Sold their house for 490,000. My share of that is 34,581.77 as they still owed on it. R Check Their bank accounts equalled out to around 98,000 which is currently in an estate account that my one sibling and I control. This includes a 10,000 life insurance check that we recieved. I will get 13 of the LI check, and then 13 of the remaining 88,000. To be clear, it will NOT be 88,000 when it comes time to cash that out. that account is for paying the bills of the estate, which we have done until the house closed mortgage, utilities, etc.. I will probably get 13 of 70,000 as a very conservative estimate. I will not get this until the 90 day debt period closes. Currently, I am unemployed by choice. I am 32 married with no children. We will be moving to IL in October with good job prospects for my partner, and I plan on being employed by the end of the year. We own no real estate and plan to rent in IL. My partner has a very healthy retirement fund through work, and has had his own personal fund since he was 22. We are both savers. Reading the wiki and going through past posts everything from inheritance to windfalls, I know I need to get an IRA together Vanguard looks good, but Ive got way more than 5,600 to invest.Specific Questions: Other than an IRA, where should I be putting this money? An Individual 401K? Im not self-employed, so is that even possible? I feel very dumb. Is a money market account a good idea to use other than a savings account? I read about a CD ladder for an Emergency Fund. Are there any banks with better returns that others for this type of investment? Where is the best place for an investing shy idiot like myself to start? I really would like someone to guide me, and dont mind paying some for it, I just dont want to pay the wrong personpay a scammer. Last thing, in our estate process we had an extremely poor experience with Ally Bank. I have known many people that have had GREAT experiences with them, so nothing against anyone using them, but to save time on suggestions, Thats one bank I have decided not to bank with in the future. Thank you in advance.  <response>: Other than an IRA, where should I be putting this money? Note if you have no earned income job this year, you cant contribute to an IRA. Unless you and your partner are married, then you can.Read wiki sidebar on prime directive and windfalls: rpersonalfinancewiki An Individual 401K? Im not self-employed, so is that even possible?No not possible I feel very dumb.Idk why tho lol, none of this is taught in school or anything. It should be, but it isnt Is a money market account a good idea to use other than a savings account?Sure it can work. Both are fine. Savings is simpler. Money market might have higher returns. I read about a CD ladder for an Emergency Fund. Are there any banks with better returns that others for this type of investment?Look up CD rates on bankrate.com or whatever. T bills are another option.Simplest is an allyMarcuswhatever savings account. Where is the best place for an investing shy idiot like myself to start?Vanguard. Also the wiki above I really would like someone to guide me, and dont mind paying some for it, I just dont want to pay the wrong personpay a scammer.Vanguard has an option to pay them like 0.25-0.3 extra fee to have them hand hold you. Or you can take your time to learn it yourself. Both are fine options. Last thing, in our estate process we had an extremely poor experience with Ally Bank. I have known many people that have had GREAT experiences with them, so nothing against anyone using them, but to save time on suggestions, Thats one bank I have decided not to bank with in the future.Sure just use Marcus instead. Similar deal. Or a vanguard money market. Also fine. 