T-bills vs CDs
I recently heard you speak of investing in T-bills as a safe short-term investment. What if any is the advantage of T bills vs same term/rate CDs? Assume there will be no need to pull this money out thus incurring a penalty. Is there a tax advantage one way or another?
Thank you!
Terry Says
You don’t pay state income taxes on T-bill interest –so that can make a difference if you’re in a high-tax state.
