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Top related persons:
” - 1 Greg McBride - 1 ” McBride - 1 James Gambaccini - 1 Gambaccini - 1 – - 1 Sallie Mae - 1 Brandon Opre - 1
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www.TreasuryDirect.gov Reston , Virginia Huntersville , North Carolina New York
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YORK - 1 Federal Reserve - 1 BMO - 1 TIAA Bank - 1 Treasury Bills - 1 U.S . - 1 Barclays - 1 UBS Liquid Assets Government - 1

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2 mentions found


☆ How to get better returns on your cash now
  + stars: | 2023-06-21 | by ( Chris Taylor | ) www.reuters.com   time to read: +5 min
NEW YORK, June 21 (Reuters) - You might assume that with U.S. interest rates at new highs, Americans are getting terrific returns on savings. MONEY MARKET FUNDSIn brokerage accounts there is a default or "sweep" account, where cash is kept before you make other investments. The two highest yields at the moment for government money market funds, according to data trackers iMoneyNet: UBS Liquid Assets Government Fund at 5.07%, and Vanguard Treasury Money Market Fund at 5.06%. An important note about terminology: Money market funds are distinct from money market accounts. “All of these are very appealing, and we are recommending people reassess their cash and emergency fund savings.
Persons: ”, Greg McBride, ” McBride, James Gambaccini, Gambaccini, –, Sallie Mae, Brandon Opre, Chris Taylor, Lauren Young, Matthew Lewis Organizations: YORK, Federal Reserve, BMO, TIAA Bank, Treasury Bills, U.S ., Barclays, UBS Liquid Assets Government, Vanguard Treasury Money Market, Thomson Locations: www.TreasuryDirect.gov, Reston , Virginia, Huntersville , North Carolina, New York
☆ 5 tax and investment changes that could boost your finances in 2023 amid economic uncertainty
  + stars: | 2022-12-31 | by ( Kate Dore | Cfp | ) www.cnbc.com   time to read: +4 min
Bigger contribution limits on retirement accountsIf you're eager to boost your retirement savings, there's good news for 2023: higher contribution limits for your 401(k) and individual retirement account. The contribution limits have also increased for IRAs, allowing you to save up to $6,500 for 2023, up from $6,000 in 2022. Higher income limit for Roth IRA contributionsThe 2023 inflation adjustments also mean more investors may qualify for Roth IRA contributions, experts say. "But how about Roth [IRA] contributions?" While some investors may seek "complicated" moves, like so-called backdoor Roth conversions, which transfer after-tax 401(k) contributions to a Roth IRA, Pon urges investors to double-check Roth IRA contribution eligibility first.
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