TAX-EXEMPT MONEY MARKET FUNDS BEST WAY TO KEEP SAVINGS READILY AVAILABLEBeatson Wallace
Fund Name Yield AGQXX U.S. Government Money Market Fund 4.32% VYFXX Vanguard New York Municipal Money Market Fund 3.29% LTFXX Western Asset Select Tax Free Reserves 3.24% VCTXX Vanguard California Municipal Money Market Fund 3.04% USEXX Victory Tax Exempt Money Market Fund 2.88% Source: Mutua...
The Fed is expected to cut rates again, but for now these money market funds are yielding up to 4.7%.
view as article northern arizona tax-exempt fund ( noazx ) robert elzholz, senior investment manager at redw wealth, says for his high-income clients in arizona where the muni bond market is tight, he likes noazx. “(it) generates great income, and northern trust has managed both the ...
The Vanguard Tax-Exempt Bond ETF is an index fund that seeks to track the performance of a benchmark measuring the investment-grade U.S. municipal bond market. At least 80 percent of the fund’s assets are invested in securities whose income is exempt from federal income tax. ...
Also, the contributions made for higher education costs may be tax-exempt at the federal level but may be taxed in a few states. Before investing into a 529 Education Fund, you should consider the benefits of your usage of personal finance, because spending money on non-eligible expenses will...
can purchase directly from the mutual fund company. Also, note that this list contains a mixture of taxable and non-taxable money market funds. Therefore, realize that comparing the listed money market yields would be an apples to oranges comparison, due to differences in taxability of the inte...
Tax-Free Returns Sometimes the IRS can be friendly to investors, particularly in the case of municipal bonds, which are exempt from federal income tax. If you buy bonds issued in your home state, you can expect the interest you earn to be exempt from state taxes as well. ...
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Their recommendations include brokered CDs, high yielding FDIC-insured online savings accounts, and money-market funds—especially tax-exempt state-specific muni money-market funds for people in high-tax areas.What to Read Next Show Conversation (1)...