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  2. Instead of Dividends That Barely Pay, Look At A HYSA Instead

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    As of October 2024, the average dividend yield of S&P 500 companies was only 1.25%, reports Schwab. By contrast, a lot of high-yield savings accounts continue to offer rates at or around 4%.

  3. What is a high-yield savings account? Definition and what to ...

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    A high-yield savings account is a savings account that pays a high annual percentage yield (APY). An account’s APY indicates how much interest you earn in one year, taking compounding into ...

  4. High-yield savings accounts help your money grow at a ... - AOL

    www.aol.com/finance/high-yield-savings-accounts...

    A high-yield savings account is a type of savings vehicle that you can open at many banks and credit unions. But it differs from a traditional savings account in that it offers an APY that’s 10 ...

  5. Savings account - Wikipedia

    en.wikipedia.org/wiki/Savings_account

    High yield savings accounts, sometimes abbreviated to HYSA, are a type of savings account with higher interest than normal savings accounts. These accounts typically earn 10 times more in interest than a normal savings account. HYSAs can be a good option for short-term investing. [2] [3]

  6. What Is a High Yield Savings Account and Why You Need One - AOL

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  7. Are you saving and investing in a high-yield savings account ...

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    Right now, you might get 4% out of a high-yield savings account. But today's rates aren't the norm. The Federal Reserve's target annual inflation rate over time is 2%.

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