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I received an email from vanguard today about a new intermediate term municipal bond etf they just started. All yield from this ETF is tax free.

I have a large chunk of money sitting in a money market fund in a taxable brokerage account, but I have to pay income taxes on the yield from that.

Is there any merit to using a muni bond etf to avoid taxes? I’m sure the yield will be lower… but still curious what peoples opinions are on this.



Submitted January 31, 2024 at 12:36AM by oldirishfart https://ift.tt/eqtZNRA

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