Banking
News, insights and expert analysis on banking from the team at Kiplinger.
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After the Fed Meeting, 7 High-Yield Savings Accounts Worth Your While
The Fed cut rates at its September meeting. While it lowers APYs on savings accounts, these high-yield options still earn you an excellent return.
By Sean Jackson Last updated
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Why a 5-year CD is Your Best Bet After the Fed Meeting
Despite the rate cut at the Fed meeting in September, you still have time to lock in historically high interest rates with a 5-year CD.
By Rachael Green Last updated
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How To Get the Best Savings Account Bonuses
A savings account bonus gives your savings a head start while taking advantage of today's historically high interest rates. Here's what you need to know.
By Erin Bendig Last updated
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Savings Calculator: If You Saved $5K Five Years Ago, Here's What You'd Have Now
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 Sean Jackson Last updated
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$40,000 CD vs $40,000 High-Yield Savings Account - 3 Things Savers Should Consider Now
Both options offer risk-free methods to grow your savings. Learn how much you can earn with each, how they differ and which one suits you best.
By Sean Jackson Published
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Is High-Yield Savings Account Interest Taxable?
Savings Accounts Think a high-yield savings account is a good idea? Don’t forget taxes on savings account interest.
By Kate Schubel Last updated
Savings Accounts -
What Will the Fed Do at Its Next Meeting?
The Federal Reserve is set to resume its rate-cutting cycle at the next Fed meeting.
By Dan Burrows Last updated
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I’ve Got $50,000 Burning A Hole in My Pocket. Where Do I Park It When the Fed Cuts Rates So I Don’t Lose Ground?
Why a mix of CDs can protect $50,000 from shrinking yields.
By Sean Jackson Last updated
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From Mortgages to Taxes to Estates: How to Prepare for Falling Interest Rates
As speculation grows that the Federal Reserve will soon start lowering interest rates, now is a good time to review your financial plans for housing, estate, taxes, investing and retirement to make the most of potential changes.
By Mallon FitzPatrick, CFP®, AEP®, CLU® Published