This is a hypothetical comparison of the pre-tax yields and after-tax returns produced by depositing a cash balance (1) in a Liquid Treasuries account, versus (2) in a checking account and/or in a savings account. The pre-tax yields on each of these accounts may fluctuate; however, for the purposes of this comparison, they are assumed to remain at the levels shown in the comparison for the next 12 months.
The pre-tax bank APYs are as published on the bank websites as of the date shown on the comparison. The pre-tax yield on Evergreen’s Liquid Treasuries account is the yield for 4-week Treasury bills as published on treasury.gov as of the date shown on the comparison, and are gross of fees. The after-tax Liquid Treasuries return is calculated net of Evergreen’s 0.03% monthly AUM fee. The federal, state and local income tax rates are the 2024 rates as published on taxfoundation.org.
US Treasury bill yields will fluctuate over time and the hypothetical is not a guarantee of future earnings. US Treasury bills are an investment product that varies materially from a bank account and investors should understand the risks associated with investing in US Treasury bills by visiting treasury.gov. Evergreen’s minimum balance requirement is $10,000 and investors should be willing to invest at least this amount. All investments involve risk, including loss of principal. Your tax situation may differ from this hypothetical and you should consult a tax professional. Nothing in this content should be taken as investment or tax advice.
Treasury bills are provided by Jiko Securities, Inc., a registered broker-dealer, member FINRA and SIPC. Securities in your account are protected up to $500,000. For details, please see www.sipc.org