Personal Finance and Investing

First, do you have an account at Treasury Direct? If not, set one up. That will take a while. You can open one without having to put any money in one.

Laddering is where you buy securities one after another on a regular basis. That way, there's always one maturing. You can set them up so that every week another security matures. You can set it up so that renewal occurs automatically. The point is, that should you need money, you're not tied down to having to wait a year or five years to get at it. Every week, some becomes available.

A lot of DUers have Treasury Direct accounts. We can help you out.

I don't know about Pennsylvania, but in Virginia, interest on Treasury bills is not taxable. You can be one of DU's favorite whipping boys, the oligarch who avoids taxes. Well, the interest is taxable on a Federal basis, so not entirely.