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DayShiftDave OP t1_jac8cyf wrote

Reply to comment by TwstdSista in What to do with cash on hand? by DayShiftDave

What am I missing on t bills? Am I reading it correctly I can earn more on a three month t bill than I would for a year on a HYSA?

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TwstdSista t1_jac8xf4 wrote

Technically, no. A T bill yield is annualized, so you'll earn the yield divided by 12 (months) times 3 (months). And the yield might be higher today than it is in three more moths when you buy another, or vice versa.

I keep it simple with a HYSA and MMF. Although I do have some T bills within my HSA.

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