News

With the average savings account paying 0.38%, according to the Federal Deposit Insurance Corporation (FDIC), it might feel a ...
There are multiple places where financial advisors recommend keeping your money this July. Here are five to know.
Rates are especially high right now and could go up even more, so opening an account before the end of 2023 could be a part of a strong savings strategy. Ben Geier Ben Geier is a personal finance ...
Today's High-Yield Savings Rates for June 12, 2025: Up to 4.66%. A high-yield savings account can help you earn the most on your savings ...
Though interest rates are beginning to decline due to the Federal Reserve’s rate cuts of 0.50% on Sept. 18 and 0.25% on Nov. 7, they are still on the high end for high-yield savings accounts.
Will Savings Rates Go Up or Down in 2025? The Federal Reserve voted to hold interest rates steady at 4.25% to 4.50% at its June 18 policy meeting, extending its wait-and-see approach as it ...
By the end of the 10 years, you’ll have contributed just $15,058 but have met your $20,000 savings goal thanks to the power of compounding interest. The earlier you can start saving, the better.
High-yield savings accounts have become a popular vehicle for depositing and growing savings since they allow account holders to earn significant interest on their balances. But when it comes to ...
It's clear that the days of high rates are coming to an end. Some high-yield savings accounts still offer over 5% annual percentage yields -- more than 10 times the national average-- but experts ...
High Savings APYs Linger for Now, but Could Drop Soon. Today's Rates, Nov. 21, 2024 ... Based on my own experience, it's clear that the days of high rates are coming to an end.