What do you think about putting emergency funds (EF) in USAA Tax Exempt Intermediate-Term Fund (USATX)?
As background, I am 29, single with no house, car, big spending plans, or debt and with a stable job. Already maxed my TSP and IRAs and at a 25% tax bracket. I don't need to worry about housing (or buying a place) and repairs as its all paid for. I don't need a car for at least the next 3 years. I have enough cash in my normal checking (usually runs about $5k+) to cover anything out of ordinary. Now my problem really is with the interest not even covering inflation.
USATX seems to be the solution to all that.
Any advice? Any other ideas on just beating inflation for the emergency fund?
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