Are You Maximizing Your Interest?
Just going after a high APY may sound like a good idea, but in many states, taxes can leave you with an unexpected hit. That’s why Smart Cash includes access to money market funds investing primarily in US Treasuries, which can offer tax benefits on earned interest. We scan across our available options to match you to your best after-tax rate based on your personal tax details. It’s time to keep more of what you earn.
Keep up to of your earnings
Yield | Annual Pre-Tax Earnings | Annual After-Tax Earnings | |||
|---|---|---|---|---|---|
Smart Cash™ | 4.88%* | $488 | $307 | ||
High Yield Savings Account | $450 | $224 | |||
Traditional Savings Account | 0.46% | $46 | $23 |
*Yield is as of 10/28/2024 and is the current 7-day yield, which is specific to GABXX. The 7-Day Yield is subject to change and will fluctuate, sometimes daily.
The above table is for illustrative purposes only and calculations are estimates. This calculator assumes the highest income tax rate per state for a Married Individual filing Jointly and depositing into a taxable account. It also assumes the current yields remain constant for the duration of one year; which is unlikely for Smart Cash due to the fluctuating nature of the 7-Day Yield. Actual tax savings may be less for a variety of reasons, including if you are in a lower income rate or if a different tax filing status applies. The APY for the High Yield Savings Account defaults to the average of the best high yield savings accounts, compiled by NerdWallet.com as of July 2023; and defaults to the average deposit rate outlined by FDIC as of July 2023 for Traditional Checking. All investments involve risk. Current yield is not a forecast or guarantee of future earnings. You should consult your legal, tax, or financial advisor before making any financial decisions.
The yield and pre-tax earnings shown are not inclusive of Titan's 0.25% annual advisory fee but the Annual After-Tax Earnings are net of fees.
Actively Managed
We scan daily to compare yields across the available money-market funds on Titan to ensure you're earning the highest available yield. There is a 0.25% Annual Advisory fee to manage, trade, and automatically optimize your funds within Smart Cash.
Low-Risk and Protected
Your investment is SIPC insured up to $500,000¹ and Treasury Money Market Funds are considered one of the lowest risk places to hold cash as the majority of the underlying securities are backed by the full faith and credit of the U.S. government.
Access Your Funds with Ease
Smart Cash is highly liquid, allowing you to start a withdrawal at any time. Withdrawals can be made without penalties or waiting on maturity dates, and typically are completed within 3-4 business days.
1 Brokerage accounts are protected by SIPC insurance in the event of a brokerage firm failure. SIPC provides coverage up to $500,000 for securities and cash held in the account, with a maximum of $250,000 for cash. This insurance does not protect against market losses or guarantee investment value. For more details, visit www.sipc.org.
More Details.
Disclosures.
*Yield is as of 10/28/2024. This represents the highest 7-Day Yield currently available among our options. Certain funds have specific investment minimums, which can be up to $3,000. Investors who invest amounts below these minimums may experience lower yields than those advertised. Yields are subject to change and will fluctuate over time.
Titan's Smart Cash strives for tax optimization, but after-tax yields are estimates, and actual outcomes may vary. Yields are subject to market conditions and are not guaranteed. Smart Cash includes the Titan Cash Reserve and Treasury Fund offerings available on Titan, each with unique characteristics and risks. Titan maintains discretionary authority over your assets. Please note, the 7-day yields of our Treasury Funds do not forecast future earnings. While Titan can provide general information and guidance, any information provided should not be taken as tax advice as Titan is not a tax professional. Titan strongly recommends consulting with a qualified tax professional regarding your specific tax situation for personalized advice and compliance with tax laws. For more information, view the disclosure document below for Smart Cash Risks & Disclosures.
