The choice between a CD and a high-yield savings account with inflation rising again isn’t a clear one. Javier Zayas/Javier Zayas Photography /Getty Images With inflation now at a rate of 3.3%, its highest level in years and more than a full percentage point above the Federal Reserve’s target of 2%, millions of Americans find … Read more
Before you solidify your plan, make sure you know what role gold, CDs and stocks can play in protecting your retirement savings. Dragon Claws/Getty Images Retirement planning has always required a careful balance between growth and protection. But in the current economic environment — which is marked by rising prices, shifting interest rate expectations and … Read more
Savers should consider multiple factors when comparing a CD against a money market account this month. AlenaPaulus/Getty Images Recent economic news may have savers once again reconsidering their options. After February saw noticeable improvements in both inflation and unemployment, March has seen some changes that could have savers concerned anew. Stock market returns have been … Read more