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Tbills
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Posted by phil94028 [Email] (more from phil94028) on Fri, 18 Aug 2023 12:35:55
In Reply to: Re: 5% Interest on Savings, Scott Paterson
[Profile/Gallery]
, Thu, 17 Aug 2023 14:55:04
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Short term Tbills are above 5.4% right now and are more liquid than CDs, even if you just need part of the money overnight.
There is no state tax on the interest, so for California residents this is more like a 5.8% rate depending on your tax bracket when compared to a CD.
They are easy to buy at auction from the feds or on the secondary market with a few clicks in your Schwab/Vanguard/Fidelity account.
posted by 45.48.5...
Posts in this Thread:
- 5% Interest on Savings not CD, Scott Paterson
, Wed, 16 Aug 2023 15:27:49
2- 4.5 percent, $0.01 minimum CD only, bobc
, Fri, 18 Aug 2023 07:37:18 - Re: 5% Interest on Savings, WasaSaabr, Fri, 18 Aug 2023 06:31:41
- Re: 5% Interest on Savings, Used to be Slug, Thu, 17 Aug 2023 14:14:38
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