In the US, FDIC insures all bank account holders in the case that the bank goes belly up. However, there is a ceiling of $250,000. Therefore, if my account had $300,000 and the bank goes bankrupt, then I will lose $50,000. This may sound bad, but it would be even worse if I had $1,000,000 remaining. In that regard, I will lose $750,000. With that in mind, I will require a Swiss bank account.
Any return on investment will deposit directly into this account. This is not to evade taxes, but protect my assets. The government will already know about the only source of income I will have being my investment fund. Therefore, that money is not being hidden. $37,500 is $37,500 whether it goes to my US checking account or my Swiss checking account. The spreadsheet will help me stay disciplined on what’s taxes, and what’s not.