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what is better tax free interest or...this thread has 0 replies and has been viewed 47 times
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02-06-2008, 12:45 PM
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what is better tax free interest or...
Let's say I have $30,000 in a minincipal money market. It is 3.11% but it is tax free.
Is it cheaper to keep 30K in this tax free but lower interest account, or move it to one of those online savings accounts that earn 5.25% interest, but the interest is taxed? I called an advisor at fidelity to ask them, but they had no clue. 
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