While working I have always been able to stash my emergency living expense cash (plus other cash) in a special account that paid a pretty decent rate (currently 4%) with no withdrawal restrictions. As a result, I have never really had to pay attention to cash type investments before.
I'm going to quit soon, and I will lose the above mentioned account when I do. I wanted to tap the collective knowledge on this board, as many of you seem to have a really good grasp of comparative returns on cash-type investments.
What would yall suggest I put my cash into as a replacment for this account? I've considered money market accounts, laddering CD's, laddering ST Treasuries, laddering TIPS, and so far I can't seem to get as much rate as I got before.
The amount of cash is getting fairly large (1M), and that throws me off a bit when I compare investments like CDs (ladder in 10 different banks due to 100K FDIC limit?).
Any suggestions are appreciated