Savers should start shopping for high CD interest rates online now, before the June Fed meeting commences. Phakphoom/phattharachai Rattanachaiwong/Getty Images June 17. That’s when the next Federal Reserve meeting will conclude. And millions of Americans will be focused on what does and doesn’t happen in that meeting, which will be led for the first time … Read more
It may be worth locking your money into a high-rate CD account now that interest rates are holding steady again. Getty Images/iStockphoto If you have a large, five-figure amount of money, such as $90,000, in your savings account now, investing it in stocks, bonds, real estate or a mix of all three may seem like … Read more
Putting money into a money market account could make sense for specific saver types right now. Milky Way/Getty Images The type of savings account you store your money in is always important. But in the economic landscape that many find themselves in this spring, it’s arguably even more critical than usual to get it right. … Read more
Money market accounts could make sense in today’s rate landscape, but are they really the best option for savers? Andrii Yalanskyi/Getty Images The best place to park your savings right now might not be the account you’ve been hearing about. High-yield savings accounts have dominated the conversation among savers for the better part of two … 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
It can be worth depositing money into a CD account this March, as long as savers take an informed approach. NS YAPR/pixdeluxe/Getty Images In recent years, the question surrounding the merit of opening a certificate of deposit (CD) account wasn’t much of a question at all. With interest rates as high as 6% or even … Read more