Taxes on federal debt securities are exempt from state income taxes. If you live in a state with high state income taxes, you might want to consider moving your money to a federal money market fund.
Related topics
| Topic | Replies | Views | Activity | |
|---|---|---|---|---|
| Which MM or Savings do you stay with constantly? | 11 | 1770 | June 15, 2023 | |
|
Clark discussed money market funds with higher yields than online savings accounts
|
2 | 3035 | February 15, 2023 | |
|
Credit Karma online savings acct with 4.00% APY
|
6 | 634 | May 2, 2023 | |
| Where to put cash: Online savings account or Money Market fund; Treasury Bill or CD? | 2 | 572 | July 30, 2023 | |
| Ally Bank raising rates | 23 | 1614 | March 11, 2023 |