Meanwhile, the incoming Trump administration is eyeing deeper tax cuts along with a rollback of newly built guardrails around consumer finance. Here are a few ways to put yourself in the best financial position for whatever the next 12 months may bring. High-yield savings accounts are still topping out around 4.5%, beating the 2.7% annual inflation rate as of November. Earlier this year a Bankrate survey found about two-thirds Americans were earning suboptimal interest on their savings accounts. Lee said one piece of that puzzle should include government bonds, which “were getting pretty hammered” by the Fed’s interest rate hikes to curb inflation.

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Persons: Trump, ”, Kevin Mahoney, Hunt, Malik Lee, “, Lee, “ You’re, ‘, I’m, Donald Trump’s, now’s, Samuel Deane, Deane, they’ve, “ you’re, you’re, there’s, Roth, Kristen Euretig, Euretig, ” Lee Organizations: D.C, Peel Wealth Management, Federal, Trump, Deane Wealth Management, Republicans, Fidelity Investments Locations: Washington, Felton, Atlanta, York, Brooklyn