No. of Recommendations: 0
I use a tax free bond fund for an emergency fund. Many of them will allow telephone transfers and check writing. So your funds are instantly available. You tend to get pretty good yield with them. But it depends on how often you dip into your emergency fund. Every check creates an entry on your income taxes. Most have $1000 minimums to open the account. There are also sometimes limitations on checks. No checks smaller than $500, etc. So you write the check to yourself and deposit it in your checking account.
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.