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romanntiko
Tax Payer
Posts: 25
(11/1/05 6:37 pm)


 Purchasing a home in 3 years - Best Savings Account?
I would like purchase a home in the next 3 years. What would be the best savings account I can open to save for my down payment. I would like to open an account that Uncle Sam can't tax me on. Is there such a thing? :b

Downpuppy 
Tax Payer
Posts: 30
(11/1/05 9:20 pm)


 Re: Purchasing a home in 3 years - Best Savings Account?
You can buy a municipal bond or put it into a Muni bond fund. With current interest rates for 3 years, you aren't talking about much income, but any of the big firms - (Fidelity, Vanguard) or your bank can get you into one.

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