Tax Free alternatives for reg savings
Since my "emergency" savings fund has grown quite large over the years, I am looking to put some of it elsewhere to avoid taxes. Currently I have it in several CD's. At tax time I have to add the interest to my wages and that usually bumps me to a higher tax group. Since it all was money from my wages originally I know I am paying double taxes year after year. Where can I find information on alternatives? and how accessable would my funds be? and the tax implications on withdrawal? I remember reading about gov/state bonds years ago that allowed for no taxes.