High-yield savings accounts have seen huge APYs in recent times, but those rates may not last forever.
Earn top savings rates and manage it all with a single secure login.
But when should you ease up on your savings accounts and consider investing your money instead?
That can make investing much more attractive than a savings account — even in a high-yield savings account — if you have a longer time horizon.
Alternatives to HYSAsYou don't have to decide between a savings account and investing in a retirement savings account — like a 401(k) or an IRA — or a taxable brokerage.
Persons:
—, Banks, Laura Mattia, Steve Oniya, Oniya, Tony Corsino, Mattia, you'd
Organizations:
Treasury, Service, Federal Reserve, Advisors, OM Investments, Zen Financial