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2. Savings simulator: Is your money beating inflation? - AOL

   www.aol.com/news/savings-simulator-money-beating...

   For example, a $1,000 investment in a typical “high-yield” savings account in January 2021 — when inflation started picking up — was paying just 0.7% in annual interest at the time ...

3. High-yield savings vs. traditional savings account: Why it’s ...

   www.aol.com/finance/high-yield-savings-account...

   HYSAs earn 4.00% APY or higher, which is nearly nine times higher than the national 0.45% average of traditional savings accounts. But here’s the kicker: Chase, the largest bank in the U.S ...

4. Best high-yield savings accounts for June 2024 - AOL

   www.aol.com/finance/best-high-yield-interest...

   The Federal Reserve's 23-year high benchmark rate of 5.25% to 5.5% continues to positively affect rates of return for high-yield savings accounts — but a rate cut is expected this year. FDIC ...

5. How to find and open a high-yield savings account - AOL

   www.aol.com/finance/how-to-open-high-yield...

   A popular vehicle for saving money, high-yield savings accounts are offered at traditional banks, credit unions and online financial institutions. But because every account is different, it pays ...

6. How much should you keep in a high-yield savings account? - AOL

   www.aol.com/finance/how-much-in-high-yield...

   To determine the appropriate amount to keep in your HYSA, tally up your necessary monthly expenses and multiply that figure by the number of months you want your emergency fund to cover ...

7. High-yield savings account vs. CD: What to know while rates ...

   www.aol.com/finance/high-yield-savings-account...

   Today’s high-yield savings accounts and certificates of deposit offer interest rates that are more than 10 times the 0.45% APY national savings average reported by the FDIC.