NWJames1 t1_je85lc0 wrote on March 30, 2023 at 2:36 AM

Reply to comment by singh0501 in Are CDs the best place to keep money that I'll need this fall? by snowcal

check with that bank for their CD. I think you need to make the CD is equal or less than $250K per bank

NWJames1 t1_je848w2 wrote on March 30, 2023 at 2:26 AM

Reply to Are CDs the best place to keep money that I'll need this fall? by snowcal

I agreed with comments that T bill are the safest and exempt from state and local income taxes. Note there will be US debt ceiling discussion some where in July and later. I really doubt US government will stop paying its debts (T bills and others), but we will just monitor the event at that time. If you decide put into CD or brokered CD, make sure to keep within $250K per bank. Even if a bank fails, FDIC is insured.