Most Californians would say T-bills without a doubt. After all, they're non-taxable at the state/local level. And given the super duper awesome budgeting responsibility that the Sanctuary State's been displaying with their tax dollars and all (not) that means that's another money maker they can't touch. HYSA's aside, T-bills are the better choice.
T-bills and Chill. Laddered 26-week T-bills at an average of 5.3%. I live in California, so no state tax.
Wait, there is something CA doesn't tax?😂
@@gregwessels7205 lol, only because the federal government doesn't let them.
With CDs it's easier to know exactly what you're getting as they don't go through the auction process.
Most Californians would say T-bills without a doubt. After all, they're non-taxable at the state/local level. And given the super duper awesome budgeting responsibility that the Sanctuary State's been displaying with their tax dollars and all (not) that means that's another money maker they can't touch. HYSA's aside, T-bills are the better choice.
Might want to consider a MYGA. More long term, different tax implications. Use it mixed with laddered bonds and CD's.