High Yield Savings accounts revisited

[eastbay]

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Tax free money funds are a good deal now for residents of NY, California, and especially NYC, provided that you are in a high marginal bracket and are AMT-exempt. We're currently getting a pre-tax yield of 6.7%, which is as high a risk-free yield you can find anywhere.

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Specifics? I can't find tax free funds getting much over 3% with a little googling around. I'm in CA if it helps.

eastbay