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Are You Putting Too Much Money in Your High-Yield Savings Account?

Banks like Varo and Bask are offering savings accounts with 5% interest rates, but there are better ways to grow your wealth.
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September 15, 2023
Daily Money
BANKING
Banks like Varo and Bask are offering savings accounts with 5% interest rates, but there are better ways to grow your wealth.
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INSURANCE
In Florida, the average homeowners policy is up 68% over a two-year span.

EVERYDAY MONEY
First up: the belief that your emergency fund must cover six months of expenses.

RETIREMENT
On paper, an index known as the CPI-E may seem better poised to shield retirees from inflation. Economists argue that it's flawed.

EVERYDAY MONEY
The IRS is generally willing to work with you — and even reduce penalties — so long as you proactively reach out.

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