Personal Finance (Not Investing) • CA resident - FRSXX vs FTCXX

Just wondering how can I calculate which one offers better net return for a CA resident?

Marginal Tax rates:
Federal: 35%
State: 10.3%

FRSXX - Fidelity Investments Money Market Treasury Only - 7 Day Yield 4.83%
FTCXX - Fidelity Investments Money Market Tax Exempt - 7 Day Yield 2.84%

Thanks!

Statistics: Posted by viveks — Sat Oct 12, 2024 8:54 pm — Replies 0 — Views 76

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