High Interest Rates Offer Lucrative Savings Opportunities
- Savers have a number of options to maximize returns in a rising interest rate environment.
- CDs, high-yield savings accounts, and CD laddering are great ways to grow savings over time while maintaining accessibility.
- Higher interest rates mean higher returns for many low-risk savings vehicles.
- With rates expected to continue rising, now is an opportune time to shop around at different banks and credit unions for the best rates.
- Those with larger balances should consider jumbo CDs to take advantage of even higher interest rates.
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