Question for the Money Doctors
Question submitted on Jan 11, 2022.
QuestionWhat kind of savings account will help me get the most out of my money? I don't want to spend a lot on fees to open or maintain this account.
Hi - Depending on your goals, a great option is investing in Series I Bonds. These are US Government bonds that have a hedge to help protect against inflation. As such, the current stated interest rate is 7.14% until April 2022. That rate changes every 6 months. You can research and invest in these bonds by clicking this link. Hope this helps!
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