Here's How Much Less Your Savings Account Is Worth
How will the Fed's rate cuts affect your retirement savings strategy?
But the Fed's recent rate cut, and any future rate cuts that come down the pike in the next year, should not influence your retirement savings strategy. Simply put, if you're still many years away from retirement, you should be putting the bulk of your savings into the stock market.
Here's How Much Less Your Savings Account Is Worth After the 0.50% Rate Cut
Can you still earn high yield on your savings after the Fed's 0.50% rate cut? A few banks still have competitive APYs. See how to maximize your money.
How Much Will You Miss Out On in a High-Yield Savings Account If the Fed Cuts Rates Again?
High-yield savings account rates are high right now. But if the Fed cuts rates in November, how much could your rate decrease, and how much money will you miss out on in interest?
Even with the Fed rate cut, smaller banks are still holding onto savings accounts paying 5% APY
The Fed cut rates in September, and some banks are already dropping rates. Many small banks continue to offer 5% or more on savings accounts, though.
Is $10,000 Too Much to Keep in a Savings Account?
How much savings is too much? Find out when to keep $10,000 in a savings account vs. putting it somewhere else.
The 10 Best 5% Savings Accounts You Can Open With Little or No Money
Despite a Fed rate cut, you still have plenty of options to earn up to 5.50% on your cash savings—even if you can't swing a big opening deposit or ongoing balance.
CDs vs. Treasury Bonds: Which Is the Better Place for Your Savings Right Now?
Looking for the best place to put your long-term savings right now? CDs and Treasury bonds are both good options. Find out ...
Using retirement savings to pay down debt is risky business. Do this instead
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4 savings accounts still paying 6% or higher even as ‘the decline will start to accelerate’ — plus 6 more highest-APY accounts of October 2024
High-yield savings account rates are coming down following the latest action from the Federal Reserve, which just cut the ...
3 Reasons to Open a High-Yield Savings Account in October
Have you been thinking about opening a high-yield savings account? Don't delay. Find out why you may want to open an HYSA ...
I’m 65 and have no retirement savings, but I’ll be receiving a Social Security check every month — can I live comfortably on that alone?
Almost half of U.S. adults between 55 and 66 don’t have any personal retirement savings — what are your options?
Finding the best 529 college-savings plan is easier than you think. Here’s what matters most.
If you’re shopping for the best 529 college savings plan, you may be overthinking the process. The choice should be simple ...
Soup Cafe uses solar panel savings to feed more people
Heaven’s Helpers Soup Cafe installed solar panels on top of the kitchen. The staff said the hope was to save money and put ...
Crypto and Your Retirement Savings: Should You Risk It?
Cryptocurrency is one of the most hotly debated asset classes in the world. On one side, passionate advocates view it as the ...