Personal Finance
How do treasury sweep accounts work?
Quick Answer
Treasury sweep accounts invest idle checking cash into government money market funds (Treasuries and repos) nightly, earning Fed funds minus 25-50 bps. Treasury interest is exempt from state and local tax — a real boost for CA, NY, and NJ businesses.
Warren Team
Updated April 26, 2026
38
Warren Team
Updated April 26, 2026
38
Important Disclaimer:
The information provided is for educational purposes only and should not be considered as personalized financial advice. Warren is a registered investment advisor. Past performance does not guarantee future results. Please consult with a qualified financial advisor before making investment decisions.
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