CNBC Select will update as changes are made public. With a high-yield savings account, you can get a solid interest rate and your money grows even faster thanks to compound interest — which lets ...

Here's how that breaks down by each decade along the way: Savings by age 30: the equivalent of your annual salary saved; if you earn $55,000 per year, by your 30th birthday you should have $55,000 ...

Commissions do not affect our editors' opinions or evaluations. Savings rates slid for much of 2024 as banks anticipated the Federal Reserve would cut short-term rates as it turned its attention ...

If you want a way to maximize your interest earnings, you might be wondering—where can I get 5% interest on my savings accounts? Luckily, there are plenty of 5% interest savings accounts out ...

This is fantastic news for savers, as rates of return remain somewhat high on savings options. Most money market accounts make accessing your funds easier than high-yield savings accounts.

A savings account is an important financial tool that helps protect your money and allows it to grow. Whether you're getting a savings account for the first time or interested in switching banks ...

If you want to teach your children financial literacy, kids' savings accounts can be a great tool. Savings accounts for kids and teens can help children learn how to build savings goals and start ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Amanda Bellucco-Chatham is an editor, writer, and fact-checker with years of ...

Michael Hershfield is the founder and CEO of Accrue Savings, a company enabling leading retailers to create dedicated FDIC-insured wallets for their customers — driving acquisition, loyalty ...

Holly Johnson is a freelance contributor to Newsweek’s personal finance team with a focus on credit cards and rewards, financial products and travel. Johnson has spent more than a decade ...