US Treasury bills: Earn up to 5% interest, how to buy
11:18
US Treasury bills: Earn up to 5% interest, how to buy
8 months ago
MSNBen Hedges
Here’s How to Buy Treasury Bills as Some Yields Reach 5%, According to Financial Experts
Here’s How to Buy Treasury Bills as Some Yields Reach 5%, Accordin…
Feb 24, 2023
NBC New Yorkfeed-consumer
VBIL is the Vanguard 0-3 Month Treasury Bill ETF and could replace your high yield savings account if you live in a state that has high state and/or local income taxes. Since it invests in Treasury Bills, that interest income is exempt from state and local taxes. A yield of 3.64% from VBIL is the equivalent of close to 4% in a high tax state like Maryland where many folks pay 5% to the state and 3% to their county. The interest income is tax-free at the state level, just not federally. This can
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VBIL is the Vanguard 0-3 Month Treasury Bill ETF and could replac…
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