Money market vs Munis allocation

At what savings level would you start putting excess “cash” into municipal bond funds, like VCADX or CMF if you live in CA, to have less tax drag on your non-stock, safety/liquidity position? I have post-tax savings in Fidelity and a lot of it in money market like FDLXX, about a years worth of living expenses. But I’m wondering if it’s worth taking some principal risk to save 1% on taxes -Love5146

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