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With Savings Rates of 5%+, It’s Time to Switch
Savings accounts are giving high returns, so Kiplinger recommends switching your savings.
By Guy Anker Last updated
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Fed Holds Rates Steady, Eyes Three Cuts in 2024: What the Experts Are Saying
Federal Reserve The Federal Reserve left interest rates unchanged at a 23-year high, but it's still penciling in three rate cuts this year.
By Dan Burrows Published
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What Is a High-Yield Savings Account?
A high-yield savings account is essentially the same as a traditional account with one key difference — it pays a higher than average APY on deposits.
By Erin Bendig Last updated
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Savings Calculator: Check How Much Your Money Will Grow
Tools Whether you’ve just opened a CD or a high-yield savings account, this simple calculator can show you how much cash you’ll have after a specified period of time.
By Erin Bendig Last updated
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What the Fed's Latest Move May Mean For Savings Accounts
On Wednesday, the Federal Reserve held rates steady. Here’s what you need to know about the Fed’s impact on savings rates.
By Erin Bendig Last updated
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What the Fed's Latest Move Means for Your Savings
At the latest policy-setting meeting, the Fed held interest rates steady. Here's what that means for savings rates.
By Erin Bendig Last updated
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As Fed Keeps Rates Steady, Savings Rate Growth Slows
Some experts say now would be a good time to lock in a much better savings rate on your accounts.
By Erin Bendig Last updated
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The Fed's Latest Move Is Good News for Homebuyers
A steady Fed rate means mortgage rates might stabilize in a tight housing market.
By Donna LeValley Last updated
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Should You Invest in CDs? What to Consider
Before putting your money in a certificate of deposit (CD), you should know why banks issue them, how they are used and how they are priced.
By Brian Skrobonja, Chartered Financial Consultant (ChFC®) Published