High-Yield Savings: Are They Right for You Now?

Don't let your savings sit idle! With the Federal Reserve cutting interest rates, high-yield savings accounts are still offering rates above 4% APY. Discover where to find these top rates, why online banks and credit unions often lead the pack, and how your money is FDIC-insured. Learn if a high-yield savings account is the right choice for your short-term financial goals versus riskier, long-term investments. Hosted on Acast. See acast.com/privacy for more information.