SNSXX
The Charles Schwab Family of Funds - Schwab U.S. Treasury Money Fund
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How do dividend payments work for a US Treasury Money Fund like SNSXX?
Fund to park money Schwab (SWVXX, SNVXX, SNOXX, SNSXX)
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Not SWVXX, but SNSXX for state tax exempt.
Reminder that SNSXX on Schwab offers 4% APY paid monthly and is state and local tax free
If you live in a state with income taxes, and you open a brokerage account and put it in a money market account like SNSXX that invests only in t-bills, you will still have the money available anytime you want it, but you will earn more interest on it because SNSXX is state income tax exempt, whereas HYSA interest is fully taxed as income.
Reminder that SNSXX on Schwab offers +4% APY with no local and state taxes
I’ve been with Schwab forever so I’m used to sweeping cash into something with interest manually. I’m not saying that’s the way it should be, btw, Fidelity is more convenient for sure. But it’s not a huge impediment to a buy and hold type of investing where getting in/out of cash isn’t a daily thing. SWVXX is their money market fund but I use SGOV to dodge state taxes although SNSXX is roughly equivalent from what I understand. Schwab will do fractional shares on reinvestments fwiw just not the initial. They had a “stock slices” product to try and get around the lack of fractional purchases but I never dealt with that, it sounded kinda odd to me.
If SNSXX breaks the buck you have bigger problems to worry about
Another reminder that SNSXX on Schwab offers over 4% APY local and state tax free
Or a money market fund like SNSXX. Can invest every dollar instead of chunks of $100. Really no difference otherwise.
Not your point but SWVXX is exposed to state income tax, btw, while SNSXX/SGOV generally aren’t. Might not apply to your situation but thought I’d mention it in case it did.
When I last checked Schwab's Treasury MMFs were yielding less than SWVXX. I'd save state taxes with SNSXX but the tax savings didn't make up the yield difference. SGOV and USFR are ETFs that invest in ultra short term government bonds. SGOV invests in 0-3 month Treasury Bonds and USFR invests in Floating Rate US Treasuries. There are several other ETFs that invest in ultra short term Gov't bonds that are equivalent. I actually have a bit of SWVXX but most of my uninvested cash is in USFR. I haven't checked recently but when I last checked it was yielding slightly more then SWVXX and is state income tax free. The key is they invest in ultra short term securities so you don't have the same interest rate risk you have when investing in longer term bonds. A Money Market Fund keeps a constant share price of $1, orders execute every night and you get paid interest monthly. A Treasury ETF trades like a stock. It has the same limitations of other ETFs at Schwab, no Fractional shares. USFR's share price hovers around $50 and SGOV around $100 so if your dealing with small amounts of cash that can be a pain. If you look at a price graph you'll see they make a nice sawtooth pattern. That's because they slowly increase in price throughout the month as they accumulate interest then drop when the interest is distributed. All of these are fine options and are easy to switch between. You mentioned iBonds and TIPS. You can only buy iBonds directly at Treasury Direct. You can buy TIPS at Schwab, either directly, via a Mutual Fund (SWRSX), or via numerous ETFs (SCHP, TIP, etc). Schwab has other options for cash as well, T-Bills, CDs, etc.... I dabbled with T-Bills for a bit but it was more effort then it was worth and just started buying the ETFs instead. The convenience was worth the minor cost to me.
Interesting! If you are using Schwab, I am on the research tab, under Money Market Funds and I only see the SWVXX under “Prime Money Funds”, where is the USFR and SGOV located? I clicked on ETFs and typed SGOV, and it says it’s an “ultrashort bond”, Does that mean it’s a bond or ETF? Is this like an iBond or TIPS? Do you get a return on these like the Money Market Funds? Is there a reason you prefer to buy the short term treasury ETFs in addition to the SWVXX? I am curious why you don’t choose Government and Trrasury Money Funds like SNVXX, SNOXX, SNSXX, or the money market ETF like SGVT? All of these have a 7 day yield.
Same as you, 8600 (ASTS) and 8100 (RKLB). I sell covered calls with strikes I’m okay selling at on half my total shares each, 2-3 months out. Haven’t gotten assigned..yet. Generated about $100K in 2025 doing that. I dump the premiums in SNSXX for the big dip that never comes.
> Since it’s not SGOV/USFR/TFLO, you will have to pay state and local taxes on the interest Schwab has SNSXX which only buys T Bills etc, no agency paper or repos or anything like that. I haven't yet received a 1099 for it but I assume the year end info will show that 99% (more or less) will be free of state taxes. https://www.schwabassetmanagement.com/products/snsxx
I recently switched to SGOV. In the Schwab universe SNSXX is also an option. I was using SWVXX until I realized I was opting into MA taxes for no reason.
I have a portion of capital at work in an income generation account. I will occasionally write calls or open CSPs on these HIMU - 30% allocation (Muni fund - no options chain) SNSXX - 30% allocation (I use this money market fund as collateral for CSPs) F - 10% allocation ARCC - 10% allocation SVOL 5% allocation (I actively hedge this position to protect against NAV erosion) SCHD 10% allocation - modest capital appreciation IBIT 5% yes I know. :) Vol.premium usually attractive.
I use Schwab SNSXX which is tax efficient https://www.schwabassetmanagement.com/products/snsxx
Your reminder that SNSXX on Schwab is offering 4% APY state and local tax free btw
Pick based on state-tax pass-through, liquidity, and settlement needs. FDLXX and SGOV are both mostly state-tax free, but check your 1099's U.S. government interest percentage; repo may not count. I use Schwab's SNSXX, 13-week T-bill auctions, and Gainbridge for fixed-rate annuities - same idea: pick by pass-through and liquidity.
[SNSXX](https://www.schwabassetmanagement.com/products/snsxx) is Schwab's equivalent to SGOV, comprised entirely of US Treasuries and thus exempt from state taxes. Obligatory reminder to read the prospectus and fact sheets yourself and consult your CPA if you have any questions, though. Don't rely on Reddit of all things to give you information.
No, it’s not. SWVXX-based income is not exempt from state income taxes. The Schwab fund closest to SGOV is SNSXX. There are minor differences but it sounds like the highest priority for you is limiting exposure to state income taxes for this pile of cash.
SNSXX on Schwab is offering 4% APY state and local tax free btw
SNSXX on Schwab is offering 4% state and local tax free btw
Fair point. Bond funds do give you some advantages in the form of flexibility and convenience, though. You can trade them in small chunks, as needed. If you’re looking for price stability, there’s stuff like SNSXX. Slightly higher expense ratio than SGOV, but the price remains stable. I find the convenience of not having to worry about price fluctuations and the ability to trade small amounts is worth the difference in yield.
I can't think of anything that will give you 5% and liquidity. Fidelity parks my extra money in SPAXX so what is Schwab's? Maybe SWVXX or SNSXX.
Honestly, bonds or SNSXX or SWVXX or worse comes to worst, cash. It’s all guesses, but I’d be surprised if we don’t see these price levels a few more times over the next five years. Things are literally FOMO, AI-bubble, CAPE 40 insanity. It’s not always a bad idea to take your chips off the table and watch some other people play for a while. But we all assess things differently.
Put $25 a week into SWTSX or its equivalent at whatever brokerage you like (fidelity or vanguard). Separately, put $25 weekly into a money market (like SNSXX), which will grow into your emergency fund (to cover a year’s worth of expenses if you lose your job or some crazy shit happens. Just leave this pile alone.). Put the rest of your savings into a HYSA (like Amex) and that is what you’ll use for current expenses. Reassess every 6 months or so and increase or decrease what you put in. Hopefully you can keep increasing. In a few years, you’ll have a healthy emergency fund that’s kept pace with inflation, a healthy position in a total market fund (poised to grow for the next 30 plus years), and if you did it right, you’ll have barely noticed.
Gold goes up when there’s uncertainty. I’ve taken full advantage of that lately. Buying physical gold or an ETF like IAU. SGOV/SNSXX seems like a good way to diversify as well. You can diversify into XMAG, VT, etc but those will tank if the mag7 tanks.
Does SNSXX have an advantage over SWVXX in exchange for giving up 0.09% 7 day yield?
Consider SNSXX, but almost certainly splitting hairs at that point. I used it as my HYSA with a very small emergency savings fund in my regular Chase acct
I use SNSXX, but SWVXX is great, too.
It’s about state taxes. Quoting Google: SGOV (iShares 0-3 Month Treasury Bond ETF) and SNSXX (Schwab U.S. Treasury Money Fund) have different tax implications. SGOV distributions are subject to federal income tax and may also be subject to state and local taxes. SNSXX, on the other hand, is primarily invested in U.S. Treasury securities, and its distributions are generally exempt from state and local income taxes.
MMA like SNSXX. Pays a tad more 4% interest monthly, almost entirely exempt from state taxes.
Finally moved my cash from a HYSA to SNSXX towards the end of last year and it's sooo much better. I feel stupid for not doing it sooner.
I am new to investing; trying to gain regular focus on the market & grow my current capital for real estate investments within the next 5 years. (Not thinking about retirement too much yet; 27y/o living in NYC) my current portfolio is 20k SPLG 5k SCHF. I plan to cap what I have in international & only add additional money in to SPLG on a regular basis as well as creating a "fun" account to play with & learn options. I also have a 10K emergency fund currently in SNSXX but considering dividing that- 6K SNSXX/4K in a 4wk tbill ladder Appreciate any insight 🙏
Thank you. The only reason it’s all in SNSXX was because last year was nice 50k gain. Have been debt free since late 2022. You really believe in RDDT that much?
SNSXX is treasury mmf at schwab. There’s no reason you should be in that in a Roth. If you have to be cash equivalent in IRA, you’d want to be in prime. You need a plan. You can certainly take a sabbatical (not career advice just investment advice) with what you have right now, your age. But before you do so you should make sure you have a plan. Your HSA and Roth should be invested, not cash/cash equivalent. Everything outside of what you want to set aside for this trip should also be invested. (Ps, vitax and swppx YTD are both positive).
Yeah I pulled 275k out for a small gain after an end of year reset(fuck last year was a “put money in just about anything and you’ll get 15-20% back easy”) and had it all in 3 mutual funds. Pulled my money and parked in SNSXX. Wife and I are planning to take 100k and travel the world for a year and see what we feel like doing after that. I don’t trust him to make wise decisions in the next 3.5 years so I’m cash heavy outside of our 401k/roth/trad.
Pulled 275k for a bit of a gain. Put it all into SNSXX. Earning about a grand a month. Using that interest to build a 3 fund with 40/40/20 VGT/VTI/VIG along with any additional money from paychecks. Will start pulling 5k a week to put into those three funds as soon as the tariff pause ends 7/9
If you may need the money in the coming years, it is probably best to place the money in a high yield savings account where you'll earn \~4%. You could also open a brokerage and place the money in a safe money market fund (e.g., SGOV, SNSXX, SWVXX).
The default Vanguard settlement fund is VMFXX, a federal money market mutual fund. Fidelity also uses a MMMF for settlement, SPAXX. Schwab does not use a MMMF as the settlement fund, so you would need to purchase a MMMF manually, like SNSXX.
Inside an IRA nothing is taxed so investing in a fund to avoid state income taxes is not a benefit as you pay no taxes . With an IRA you get a tax break when you contribute , then when you withdraw you pay taxes, gains/losses/cost basis does not matter, gains on interest or gains on capital gains do not matter If you contribute 10k to a IRA you get a 10k income reduction . Example you make 100k but contribute 10k into an IRA you are taxed on an income of 90k not 100k So lets say you contribute 10k, you get a tax break on that 10k. Lets say it sits for 20 years and becomes 40k When you with draw 40k it will be taxed on income, it does not matter how that growth occurred weather it was interest , or growth or capital gains. So because the tax benefits of SNSXX do not matter you could buy their SWVXX fund that yields slightly more as the tax advantages of SNSXX do not matter in a IRA
Please assist with Money Market fund in IRA - In this example, let's say a relative of mine who is above retirement age sold a stock that she held for 5 years into cash for $100k. The cash is still inside the Simple IRA. Then, she immediately puts the $100k cash into SNSXX (Schwab U.S. Treasury Money Fund) that is earning around 4% annually, which is supposedly exempt from state income tax (this is in a state with high state taxes). So for round numbers let's say she doesn't touch the $100k for 2 yrs, and is sitting there with $108k after the two years. Then let's say she sells the full $108k of SNSXX into cash (still inside the Simple IRA), then immediately withdraws the $108k. Will this $108k be taxed as normal income, meaning the benefit of using SNSXX to aviod state tax was nullified since she used this in a Simple IRA? Or, will only the interest of $8k from SNSXX be taxed at just the federal rate, and the rest is taxed as normal income since it was a stock sale that genreate the initial $100k? Thank you!
For me it’s liquidity. This is kind of how I set up my finances 1. Checking account: this month’s expenses, and it’s where I can pull my cash from. It’s like a central hub for all my accounts. Paychecks come into here, then get dispersed to all other accounts. 2. Savings account: another month of expenses or emergency stuff. Since it’s with the same bank as my checking, the transfer is same day, instant, and I can pull it out. Think emergency car repair. It’s also a psychological thing for me, where I have to go “do I really need to pull out this cash?” 3. HYSA: 2-4 months of emergency cash. 3.7% APR. but dividends are taxed, and my tax bracket is somewhat high, so I’ll keep about 20k in there 4. Brokerage account: 6 months of funds. Only SGOV (short term T-bill ETF), that isn’t fully subject to state tax. The thing is, the cash is liquid, but not that liquid. I still have to sell it, the funds have to settle, then have to get transferred to my checking account and that can take a couple of days. As for SNSXX vs SGOV, I’ve always just bought SGOV, and so I just stay there (yes I know it may not be optimal because of expense ratios and stuff) So for me, the reason I have a savings account is a mix of psychological reasons and “liquidity”
I use Schwab Prime Advantage Money INV (SWVXX) current 7 day yield is 4.12% which is higher than SNSXX which is currently 3.97%
It’ll be like buying any other mutual fund or stock or etf. You just type in the ticker (e.g. SNSXX) and buy.
What exactly is SNSXX structurally?
I have 4.0% in Wealthfront. It is not tax free. I am not sure that SNSXX is tax free, maybe state tax free which for me is only 4.25%. I would assume many people think of it still as investment which carries risk(even ridiculously minimal) while a savings account is Risk Free. I'll take that over the minor benefit that SNSXX might offer.
I’m just doing this now myself. I have CDs in my bank and then split my savings up. Left some in my bank account for immediate access and with the excess I just bought SNSXX in my brokerage account. Very new to investing now that I’m in my seventh decade. Learning as I go. Too late for me but have started a custodial account for my 13 yo g-kid. So yeah, TMMs look like a great bridge btwn short and long term.
Why not SGOV? The key differences between SGOV and SNSXX come down to structure, liquidity, price stability, tax treatment, and use case. For cash management with trading flexibility, SGOV is often more attractive due to yield. For ultra-safe, stable-value cash storage within Schwab, SNSXX is ideal.
FYI: yield already accounts for expense ratio The 7-day yield for money market funds like SNSXX (Schwab U.S. Treasury Money Fund) is net of the expense ratio, meaning the stated yield already accounts for the fund’s operating costs. This is standard practice for money market funds and aligns with SEC regulations for yield reporting. Key Details: • SNSXX Example: • The fund’s 7-day yield (with waivers) is 3.97% as of May 22, 2025. • Its net expense ratio is 0.34%. • The 3.97% yield reflects returns after deducting the 0.34% expense ratio; investors do not need to subtract the expense ratio again.
I’ve worked pretty hard over the last ten years and crossed the 300k mark after buying some of the last dip. I’m not some oracle but watching my accounts fluctuate 40-50k got my nerves quite a bit. If I miss out on a couple months of gains that’s fine. With it all in SNSXX I’ll be getting about a thousand a month in interest. Will continue to hold and see what happens but we’re not even 1/8 of the way through this presidency. I’m not convinced that we won’t see another large dip again so, like I said, I’m going to wait until the 90 day “pause” is passed and will decide if I want to get back into the markets. Worst case scenario, and I mean absolutely worst case scenario, I can buy my wife and I citizenship in 5-6 other countries with what’s in my portfolio as of now.
It's definitely correct, I've held and sold SNSXX before. It get's settled around 9pm eastern each day.
There's one other thing you might want to check, if you're in a position where you thought you might want to sell SNSXX and be able to buy something else the same day. Usually in a brokerage account, if you sell a stock, you can turn around and use the proceeds to buy something else immediately, even though the trade doesn't officially settle until the next day. Mutual funds, though, only get priced at the end of the day, after the close. Even money market funds. You put in an order during the day, but it doesn't actually happen until after the market closes. So if you sold SNSXX, you might not be able to trade with the proceeds until the next day. I've never held a mutual fund in a brokerage account, so I don't know 100% whether this is correct.
Redemption risk is a function of liquidity. It would take a real catastrophe for a goverment money fund to ever have a liquidity problem. Like, you'd-have-more-important-things-than-money-to-worry-about catastrophe. I don't think there's any difference in the tax treatment between that fund vs. holding the underlying securities directly. Pure treasuries are taxed Fderally, but exempt from state and local taxes. SNSXX is technically allowed to have up to 20% in stuff other than treasuries, and that could affect the state-and-local taxation if they did it, but I looked at their portoflio and I don't see any instruments other than treasuries in it and I wouldn't expect to ever see anything but treasuries in it.
I use both for convenience. I've yet to touch the t bills, would cancel autoroll if I started to tap in to the e fund Breaking the buck is rare in MMF, you should research that Another alternative is to do 4 week t bill ladder if you don't want to use MMF. T bills have higher return than SNSXX too
If you have a Schwab account, SNSXX is fine. If you wanted to redeploy the funds quickly to stocks or something else, it'll be more convenient than having a treasury account. Redemption risk is all but meaningless. A government money market fund is going to have less risk than anything else except cash.
I've been using SNSXX on Schwab because it has a state tax exemption and I live in a high income state and for HYSA I would need to pay state taxes for the interest.
take it out, buy treasuries until you need it for house (or just a treasury fund like SNSXX)
I trust using treasury money market funds, it’s US treasuries, if the US defaults on these FDIC may not matter. FYI, I have both SNSXX and VUSXX, VUSXX consistently has about a 0.20% higher SEC yield. I believe VUSXX is only available at Vanguard.
SNSXX is all Treasuries, backed by the U.S. government. Who is backing FDIC-insured CDs? The same.
hi everyone, a few weeks into learning about investing in general and would appreciate if anyone had any input or ways I could improve where I started or if it looks pretty good. I’m fortunate to be able to invest or save basically ~3k month for the next year or so (no 401k through work). My plan was to put about $600 into my Roth IRA, $2000 into a MMF at Schwab (SNSXX), and the $400 or so left into a taxable account every month. Below is what I’m invested in for each. I have everything in a Schwab mutual fund as I like being able to invest partial shares. I like the idea of having a somewhat simple portfolio to start but I also want good growth as well as I’m just about to turn 24. I really appreciate any input/advice on this as I’m still a newbie and learning. Thank you. Roth IRA - SWTSX (60%) SWLGX (25%) SWISX (15%) TAXABLE - SWPPX (70%) SWLGX (10%) SWISX (10%) SFENX (10%) MMF - SNSXX (100%)
SGOV or SNSXX, no state income tax.
Does China dumping treasures affect SNSXX and SWNXX?
If it is a taxable account and there is an income tax in your state, look at SNSXX instead of SWVXX.
At Schwab cash has to be manually moved to the "purchased money market" funds. SWVXX and SNSXX, for example. [Here is the full list](https://www.schwab.com/money-market-funds). Could that be what this is about? If so, that is the right thing to do. And Schwab makes money off of people who fail to do it. For example, my wife received an inheritance last year, and our FC called her to make sure that she was planning to make that move. Note that it would have been in Schwab's interest for her to just let it sit as cash, but he was making sure that she did not make that mistake. Handling a family member's investments is a mine field. Other family members can get their noses out of joint even when things are done properly. My suggestion, having been down this road, is to get a real financial advisor to manage the portfolio. And the Schwab Consultant can help you find the right match (doing so has been Schwab's bread and butter for a long time). It is not about the fees, it is about you not being the lightning rod for imagined wrongs.
Hi, as US expat who cannot buy domestic MFs, what is the equivalent foreign option of SNSXX?
Oh. Oops…does sgov avoid CA state taxes like SNSXX does?
Bought them in 21 and 22. Sold last year, moved to SNSXX.
If OP wants something truly safe, it'd be something like SNSXX which can be treated as a savings account.
You can invest in a t-bill index like SNSXX having the money more liquid and still getting the state free tax benefits (assuming US)
I keep the 6 months emergency fund in SNSXX/SGOV, much better interest rates than my savings accounts. Then I keep 1 month expenses easily available
Unfortunately your post will fall on deaf ears around here. It belongs in r/investing and or r/bogleheads I’m 42 and same max out 401k, max out Roth (front load on 1/1 every year) , max HSA(triple savings). The” excess” I have is put in a taxable account SNSXX(state exempt). I Just come here to see everyone make these huge plays I don’t have the balls to do this late in the game with my portfolio.
I was doing SNSXX, but it takes an extra day to get the money to use. Can you lose money with SGOV anymore than you can with treasuries?
There are a number of ways to hold them, but what I'm talking about is either a money market fund like SNSXX or ETFs that pretend to be money market funds like SGOV. You sell, wait for it to settle, then transfer - that'll be a couple business days generally for it to be available in a different financial institution. Personally, I still keep a third of our emergency fund in a low yield savings account at a national bank so it's available instantly if we need to transfer to checking or pull cash from an atm. But the other two thirds is in SGOV and i-bonds, yeah, where we're trading a bit of accessibility for better protection against inflation.
SNSXX is a safe 4% The stock market will roar to new highs until it suddenly falls apart. Good luck on timing it perfectly!
Look into MMA funds like SWVXX/SNSXX if capital preservation is paramount. $500K will earn approx 4%+ interest, paid monthly. SNSXX is exempt from state tax.
Nah, if you're in a high income tax state, SGOV or a Treasury fund like SNSXX is better.
You can buy SNSXX. It buys debt from the government. The government guarantees it will pay back this debt and you won't lose money. If the government collapses you should have bought ammo and canned food.
Depending on the fund it may hold commercial paper what has a very small amount of default risk, these funds will potentially pay slightly more interest. Others will for example only hold treasures, SNSXX for example. Treasures are the full faith and credit of the USA government FDIC is backed by the full faith and credit of the USA government. Meaning if the USA defaults on its debt , FDIC is out the window. Meaning treasuries are as safe or safer than FDIC insured products.
The fund I'm referring to is SNSXX thru Schwab. The 7 day yield is 4%. I'm sure other brokers offer similar products, but the key is whether or not it's a treasury fund.
I have a little less than 6% between SNSXX and treauries. That's more than normal given we've just moved into a new house and I'm keeping cash on hand for minor updates we've been considering. I'm usually 3-4%.
Long answer is yes. But it depends on your tax bracket and your state of residency. You can use a muni-based money market fund which is tax exempt. This would have a lower yield but on a post-tax basis - it could be higher. Since you mentioned SNSXX - I assume you are a Schwab customer. The list of Schwab muni money market funds are here - [https://www.schwab.com/money-market-funds](https://www.schwab.com/money-market-funds)
Hmm, it does seem like a common theme that the people that answer the phones don't always seem to know what they are talking about. Do you happen to know if SNSXX counts as cash for CSP?
Moving money in and out of money market funds like SPRXX or SNSXX is quick and easy, some banks even let you write checks or take ATM withdrawals directly from a money market
Put it in a money market, I use Schwab, SNSXX is getting ~4.5% right now
I made a CD ladder at the beginning of the year but never went through with purchasing the next rung after they matured. The funds are in SGOV and SNSXX currently. Thanks for the suggestion of PAAA and PULS.
Either a High Yield Savings Account (HYSA) or Money Market Mutual Fund (MMMF). I personally use SNSXX, but there are a lot of good ones out there and with any mutual fund you should pick one provided by your broker (avoid load fees).
SNSXX - Schwab U.S. Treasury Money Fund, California state tax free. You would still pay Federal tax, but it currently yields 4.5% and is virtually risk free.
For pure cashflow generation on a $5M NLV account you may consider a "cashflow ladder" with mix of different income generating securities. For me that consists of SNSXX (or your favorite tax favorable Treasury bill MM) ARCC, SEIX, IBHE and use CC / CSPs on a small basket of stocks to "ice the cake" with rate of return. Blended I am making 6.73% Tax Equivalent Rate on the following. Core Positions: SNSXX (60%), IBHE (25%) Supplemental: ARCC (5%), SEIX (5%), CC / CSP (5%, I write on F and NVDA) On $5M a 6.73% rate nets \~$28k per month (pre-tax) and $336k / yr according to my calculator. If FOMC continues to drops rates, my plan is to rebalance a bit of the MM into JAAA.
I'm in a high income tax state so I use SNSXX. It's Schwab
What does VTIP look like for state taxes? Taxes are what has led me to SGOV and SNSXX for cash equivalent holdings.
Nobody has said mine: SNSXX - Schwab’s US Treasury MM, with no state tax. Any reason this is better or worse than the other options listed in this thread? I thought it had slightly higher yield than OP’s original options?