iShares 0-3 Month Treasury Bond ETF (SGOV)

The 6 month emergency fund don't have to be on an actual bank account, but can be in SGOV or other money market equivalent that can be liquidated in a matter of days/week.

If you already have an investment account, a money market fund or SGOV will earn you the same rate as any HYSA (possibly even a bit better) with extremely low risk.

If you go that route, I'd invest it conservatively in something like SGOV or the default fund in Vanguard or Fidelity.

investing in U.S. Treasuries (either directly in Treasury bills or notes or indirectly through an ETF like SGOV or USFR) currently offers a higher return than most HYSA and CDs, and the gains are exempt from state income tax.

There are Treasury bond ETFs and MMFs that can be great for savings, like SGOV or VUSXX, but for now I think an HYSA is simplest.

SGOV is another solid option.

SGOV is solid advice, that state tax exemption really adds up over time.

SGOV is a good option instead of HYSA. SGOV is 0-3 month treasury bills at 4.02%. It’s like CDs but no holding time to withdraw the money. It’s also backed by the US government and the expense ratio is 0.09.

I’d keep the 6 month emergency fund in safe readily available short term assets like SGOV if you don’t want to move them to a HYSA.