<prompt> Human: I have 18,000 in the family emergency fund, enough to keep my wife and I going for 6-9mo without other income if we cut our spending down to the bare bones. Right now I have this stowed in a money market account, where it has a 0.15 APY. However, since both of our jobs are fairly stable accountant and resident physician, I am wondering if there is a higher yield instrument or fund where we could keep the majority of this cash. I would want to move no more than 15k of the total 18k into another account, so that we always had a sizable amount of cash on hand for immediate emergencies. I would also want the remainder of the money to be available in no longer than a month or two without a significant withdrawal penalty, and the investment would have to be very low risk this is the emergency fund, after all. Is this money market account the best I can do, or is there another place short term CDs or bonds? that I should consider holding the money?  <response>: Online savings account Such as Ally Bank can give you upto 0.90APY. You might some credit unions with a better rate. Another option is treasury I Bonds. But you have to keep money there for atleast 12 months. Then if you redeem them, you will lose the last three months of interest for upto Five years. After five years you can redeem them penalty free.The current yeild for ibonds is 1.94.Also, you can only buy upto 10K per year per SSN.HTH. 