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Where should you stash your savings after the Fed rate cut?
For example, "several banks are offering high-yield savings accounts with APYs of 4.85%," which, while "down from a peak of 5% or more prior to the rate cut" is still a "relatively robust offer," said CBS News.
Despite a Fed Rate Cut, the Top Savings Accounts Are Holding Their Ground
The Federal Reserve cut interest rates by a sizable half percentage point last week. But the top savings account rate in the country is holding its ground.
Another big Fed interest rate cut coming? One economist says yes
Plus the week included a stop in Detroit by Lael Brainard, the director of the National Economic Council, who spoke to the Detroit Economic Club.
Here's What I'm Doing With My Money Now That the Fed Is Cutting Interest Rates
Interest rate cuts are here. Read on to learn more about one financial writer's personal strategy and see whether it's right for you.
Are You Nearing Retirement? Here's What the Fed's Rate Cuts Mean for Your Savings
The recent interest rate cut by the Federal Reserve has raised fresh financial questions for everyone from economists to would-be homebuyers. Add Americans nearing retirement to that list.
Prediction: The Fed's Massive Rate Cut Will Impact the Housing Market in These 3 Ways
The Fed just lowered interest rates, and more cuts are likely coming. Read on to see what that might do to the housing market.
The Biggest Money Move You Should Make After Fed Rate Cuts
What if the best money move after Fed rate cuts is to do nothing? See why you and your personal finances might want to stick to the plan into 2025.
4h
on MSN
Don't put your money in the bank and forget about it. These tips can maximize your savings.
Sometimes it's not enough just to have money sitting in your account. By making your savings work for you, you’ll hit your ...
2h
Insider Today: Retirement savings mistakes
In this Sunday edition of Insider Today, we're talking about retirement savings mistakes to avoid, and MrBeast's leadership.
3h
on MSN
Need $1,000 Fast? A New IRS Rule Lets You Pull It out of Retirement Savings
Learn how the new emergency personal expense withdrawal rule works and how it can impact your retirement plans.
15h
Average Gen-Xer Only Has $182,100 In Retirement Savings And It's Not Enough To Secure Their Future
Gen X, born between 1965 and 1980, is approaching retirement, but according to recent data from Fidelity, the financial ...
2d
on MSN
How the 30-Day Savings Rule Can Help You Stop Overspending
The 30-day savings rule is a money-saving technique that aims to curb impulse purchases that lead to regret. In short, it ...
2d
67% of Millennials Have No Savings for a Home Down Payment. How Do You Compare?
Inflation and high home prices are keeping many millennials from purchasing their first home. Take a closer look at how ...
Business Insider
1d
Best High-Yield Savings Accounts for October 2024
See how we rate banking products to write unbiased product reviews. The Fed recently cut interest rates for the first time in four years, which means that rates on
savings
accounts might drop in the ...
2d
‘Halifax wouldn’t let me access my savings without a valid drivers’ license – I’m 90’
A 90-year-old pensioner was refused access to his savings account at Halifax because he did not have a valid passport or ...
1d
on MSN
Here's Why I Don't Use My Health Savings Account for Medical Costs
The HSA is at a triple-tax-advantaged account for medical expenses. Find out why I'm not touching mine (for now).
1d
6% Interest Savings Accounts: Your Complete Guide
Two banks, Digital Federal Credit Union and Mango Financial, offer 6% interest savings accounts, but they have deposit limits ...
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October 2024
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