“High-Yield Savings” That Isn’T FDIC-Insured, Backed By Vague Promises

cumulus | Sep 13, 2022 | 1,266 posts since 2010

"...Here’s a quick explanation of why it’s an easy pass..."

https://www.mymoneyblog.com/tellus-app-review.html?lctg=103035184

CuriousDave | Sep 13, 2022 | 233 posts since 2018

No vague promises by the U.S. Treasury. Some of today’s rates - all exempt from state income tax unless held inside a traditional IRA (source: Bloomberg):
3 months 3.17%
6 months 3.76%
12 months 3.87%
24 months 3.75%

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