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Savings accounts, money market, CDs, Treasury Bonds and their taxation
I have always assumed to avoid savings accounts because of their low rates and seemingly counter-productive use of what’s most likely elastic FRNs. As a lawful money redeemer, can we actually use them?
How about other types of accounts like “money market” accounts within investment portfolios, certificates of deposit and treasury bonds?
Can you own these and still maintain your status as a tax exempt lawful money redeemer?
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