Thanks. That is an excellent point. Likely good option for OP. They don't have state tax anyway.It’s also a better option in an IRA where most of us hold our fixed income when possible.
Thank you hudson. This looks pretty good option, if no state income tax and one is ok with lack of liquidity.
Assuming CA state income tax rate of 10%: 4.4% CD will be equivalent to 4.4 * 0.9 = 3.96% rate. It is lower than US treasury.
One is trading the liquidity as well for higher rate.
How much is the penalty?
Statistics: Posted by babystep — Sun Aug 31, 2025 9:46 am — Replies 21 — Views 1426