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"Treasuries are not subjected to state income taxes. If, for example, your marginal state tax rates is 7%, then a 5% treasury is equivalent to a 5.38% yield CD. Of course if we are talking IRA then it matters not at all which you choose. "

State is an important consideration, but not all states are alike. Some like Nevada have none, and here in Tennessee, CD income is exempt too. I gather that in florida they don't care what or how much you make, they want to know how much you HAVE, and then send in a %.

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