Hi guys,
I have a client that has amassed just over $8,000,000 in their S Corp's AAA account ("account" is redundant, I know). Like many other AAA's, it's sitting in a money market account paying 0.65%. And just like most other people currently in money market, the CFO is now looking for alternatives to squeeze out a few more percentage points, while still maintaining relative safety and liquidity.
I'm thoroughly versed on the various investment options floating about the universe. But I admittedly don't know much about S corp taxation and business practices. So, in your vastly superior experience, how do you guys see most larger AAA accounts managed?
thanks