At a 24% federal bracket, a single filer in Massachusetts is typically in the 5.00% state bracket. Treasury bills and Treasury money market funds skip that state tax, which is worth about 0.19 points on a 3.8% yield.
| # | Account | Score | Stated yield | State-tax-free | After-tax yield | Taxable-equiv. | Per year | As of / source |
|---|---|---|---|---|---|---|---|---|
| 1 | U.S. Treasury bill52-week (1-year)T-bill Buy at TreasuryDirect or any brokerage; price can move if sold before maturity. Why this score | 91 | 4.51%bond-equiv. | 100% | 3.43% | 4.83% | $857 | 2026-10-27 source |
| 2 | U.S. Treasury bill26-week (6-month)T-bill Buy at TreasuryDirect or any brokerage; price can move if sold before maturity. Why this score | 88 | 4.36%bond-equiv. | 100% | 3.31% | 4.67% | $828−$28 vs best yield | 2026-10-27 source |
| 3 | PibankSavingsHigh-yield savingsWhy this score | 87 | 4.40%APY | — | 3.12% | 4.40% | $781−$76 vs best yield | 2026-10-21 source |
| 4 | U.S. Treasury bill13-week (3-month)T-bill Buy at TreasuryDirect or any brokerage; price can move if sold before maturity. Why this score | 84 | 4.15%bond-equiv. | 100% | 3.15% | 4.44% | $789−$68 vs best yield | 2026-10-27 source |
| 5 | EverBankPerformance SavingsHigh-yield savings Rate quoted for new accounts. Why this score | 83 | 4.20%APY | — | 2.98% | 4.20% | $746−$111 vs best yield | 2026-10-28seen on page source |
| 6 | Newtek BankPersonal High Yield SavingsHigh-yield savingsWhy this score | 80 | 4.20%APY | — | 2.98% | 4.20% | $746−$111 vs best yield | 2026-10-28seen on page source |
| 7 | U.S. Treasury bill4-weekT-bill Buy at TreasuryDirect or any brokerage; price can move if sold before maturity. Why this score | 80 | 4.00%bond-equiv. | 100% | 3.04% | 4.28% | $760−$97 vs best yield | 2026-10-27 source |
| 8 | Vanguard Treasury Money Market FundVUSXXMoney market fund Not FDIC insured. Yield is net of fund expenses. Why this score | 79 | 3.80%7-day SEC | 100% | 2.89% | 4.07% | $722−$135 vs best yield | 2026-09-30latest SEC filing source · tax doc |
| 9 | Bread SavingsHigh-Yield SavingsHigh-yield savings $100 minimum deposit. Why this score | 79 | 4.05%APY | — | 2.88% | 4.05% | $719−$138 vs best yield | 2026-10-28seen on page source |
| 10 | Vanguard Cash Reserves Federal Money Market FundVMRXXMoney market fund Not FDIC insured. Yield is net of fund expenses. Why this score | 77 | 3.80%7-day SEC | 69.6% | 2.83% | 3.99% | $708−$149 vs best yield | 2026-09-30latest SEC filing source · tax doc |
| 11 | Vanguard Federal Money Market FundVMFXXMoney market fund Not FDIC insured. Yield is net of fund expenses. Why this score | 77 | 3.79%7-day SEC | 66.6% | 2.82% | 3.97% | $704−$153 vs best yield | 2026-09-30latest SEC filing source · tax doc |
| 12 | Vio BankOnline SavingsHigh-yield savingsWhy this score | 76 | 4.01%APY | — | 2.85% | 4.01% | $712−$145 vs best yield | 2026-10-28seen on page source |
| 13 | Sallie Mae BankHigh-Yield SavingsHigh-yield savingsWhy this score | 76 | 4.00%APY | — | 2.84% | 4.00% | $710−$147 vs best yield | 2026-10-28seen on page source |
| 14 | Live Oak BankPersonal SavingsHigh-yield savingsWhy this score | 76 | 4.00%APY | — | 2.84% | 4.00% | $710−$147 vs best yield | 2026-10-28seen on page source |
| 15 | Schwab U.S. Treasury Money Fund (Investor)SNSXXMoney market fund Not FDIC insured. Yield is net of fund expenses. Why this score | 75 | 3.53%7-day SEC | 100.0% | 2.68% | 3.78% | $671−$186 vs best yield | 2026-09-30latest SEC filing source · tax doc |
← All categories · State tax brackets: Tax Foundation 2026.
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Not financial or tax advice. CashRanq is an independent information site that publishes the same general rankings for every reader; scores and presets are not recommendations for you. Rates change often and may depend on balance, eligibility or promotions; money market fund yields are past 7-day yields and are not guaranteed, and funds are not FDIC insured. Tax figures are simplified estimates (marginal rates only; no local taxes, AMT, NIIT, deductions or credits). Always verify the current rate and terms with the provider and consult a tax professional for your situation.