Personal Finance (Not Investing) • How much is too much to have money in DAF ?

So I don't view the DAF fee as "costing" me any more than my taxes would have been.

Fidelity DAF annual fee: 0.6%, $100 min
Taxes on dividends: 1.15% (VTSAX) x (0.15+0.038+0.093) = 0.323% for modest CA residents

Yep, you’re right if your federal tax rate is just 15%.

But the numbers change in favor of the DAF at higher federal tax rates combined with state/local income tax.

Statistics: Posted by Stinky — Tue Jan 13, 2026 10:03 am — Replies 29 — Views 1204

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