Your wealth-building plan starts with a cushion of highly liquid cash. Some call it precautionary balance, others may use the term “peace-of-mind money,” but most people simply call it savings. Whether your goal is to absorb a job loss, seize ...

This savings account earns a competitive rate and does not charge monthly fees. However, it requires a minimum opening balance of $500. You can access banking features, including checking your balance and initiating online transfers, via the Openbank ...

Want to grow your savings faster? One easy way to do it is to move your money into a high-yield savings account. The national average rate for traditional savings accounts is a measly 0.42%, but the best HYSAs earn up to 5% annual percentage yield.

At the central bank’s final meeting of the year in December, CME Group’s FedWatch tool predicts a 65% chance of another rate cut. If so, that could mean the average national deposit rate for savings accounts — which is currently a dismal 0.40% ...

Miranda Marquit is a staff senior personal finance editor for Buy Side. Staff Personal Finance Editor, Buy Side Valerie Morris is a staff editor at Buy Side and a personal finance expert. High-yield savings accounts can reduce the impact of inflation on ...