5 Tax-Smart Alternatives That Beat High-Yield Savings Accounts
Description
Tired of watching your hard-earned money lose value to taxes and inflation? We’re exploring five powerful investment alternatives beyond a simple high-yield savings account (HYSA). You'll learn clear strategies to maximize your post-tax cash while keeping your money accessible. We break down the benefits of municipal bonds, Treasury bills, and other smart options physicians might overlook. If you're tired of settling for standard savings rates, this episode will help you make smarter choices with your cash.
Key moments:
(03:13 ) Money market accounts are a low-risk, low-hassle option to improve your yield
(06:02 ) How no-penalty CDs and short-term bond funds fuel flexibility
(15:11 ) Municipal bonds are a tax-efficient choice tailored for physicians
(18:24 ) Calculate tax-equivalent yield to make smarter investment decisions
(23:50 ) BulletShares and other maturity-focused bonds offer steady growth with a set finish line
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