If you were asked in 2023 or 2024 if a high-yield savings account was worth opening at the time, the general answer then would have been a resounding "yes." But the economy is evolving again and the ...

With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...

High-yield savings accounts have historically offered savers two primary benefits – an elevated rate of return on their money and the flexibility to bank as they would with a traditional account.

2025 Savings Rate Forecast: Will Rates Drop? In the last few years, consumers have enjoyed record-high annual percentage yields (APYs) on their savings accounts, thanks primarily to the Federal ...