Q: I was on forums looking at a question about parking US cash. The discussion was between Rob and Jeff dated Feb. 4, 2025. It seemed from my understanding that you can have T Bills that pay about the best rates and at that time it was 5% plus. I have accounts online both US and Canadian. Are these US online accounts set up to buy T Bills like I buy a stock? Thanks so much.
5i Research Answer:
It depends on the broker; any major broker will have access to US T Bills. However, they may need to be bought over the phone as opposed to online, depending again on the broker.