The clock is ticking on high certificate of deposit rates. You can earn up to 5.30% annual percentage yield, or APY, with today’s best CDs, but rates have been slipping for weeks. And with the Federal Reserve expected to cut interest rates in September, now’s the time to snag one of these APYs while you still can.

Best CD Rates Today -- Boost Your Earnings With These Top Accounts, Aug. 19, 2024

The best nationwide CD rate of 6.00% APY, offered by Nuvision Credit Union, is advertised as expiring on July 31. With the Fed appearing likely to cut interest rates this fall, we're unlikely to see another 6% CD this year. The next-best CDs currently pay 5.40% to 5.51% on terms...

Less Than a Week Left to Grab This 6% CD Rate With a Guarantee Until 2025

CBS News

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  There's no question that today's high-rate landscape has paid off in spades for many savers. After all, many high-yield savings accounts and certificates of deposit (CDs) have offered extremely attractive rates over the last few years, making it easy to maximize the returns on your money. But if you've been sitting on the sidelines, watching your savings earn minimal interest in a traditional savings account, you may want to rethink that strategy. The financial markets are signaling a potential shift,...

Why you should put $10,000 into a long-term CD before September

The Motley Fool

If you have a decent-sized cash hoard, it's even more important to open one of the best savings accounts. See how much $20,000 can earn in a year or more.

How Much Will $20,000 Make You in a High-Yield Savings Account?

New Orleans, LA

Brooklyn, NY

USA TODAY

Credit unions are offering lucrative promotions on CDs to lure customers. You should consider locking in some rates now before the Fed cuts rates.

CD match, raise, or 9% APY! Promos heat up before Fed rate cut. Hurry to get the best rate

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms.
  Certificates of deposit (CD) accounts come with various interest rates and terms (or lengths) for savers to explore. While rates have traditionally been higher on long-term accounts, that hasn't been the case in the rate climate of recent years. In 2023 and 2024, for example, rates have been higher on short-term CDs, sometimes by a significant margin. That said, rates on long-term accounts are also high now and, like all CDs, they'll be locked until the account has matured. This...

How much interest would a $5,000 18-month CD earn now?

The first of three numbers the Social Security Administration (SSA) will use to determine the 2025 cost-of-living adjustment (COLA) is in, and it points to a more modest increase in monthly benefit payments next year. The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) rose by 2.9...

Social Security COLA 2025: How Much Will Payments Increase Next Year?

GOBankingRates

Have you ever wondered how much money the richest 10% of Americans have in their bank accounts? While you might not be able to see inside Jeff Bezos' savings account, the U.S. government does collect...

How Much Does the Average Rich Person Have in Savings?

You may be eligible for a $2,500 cash settlement payout, if in the last six years you've used the Cash App mobile payment service to send or receive money. A proposed class action lawsuit settlement for $15 million claims Cash App and its parent company, Block, failed to take proper care to prevent unauthorized access to user accounts.

Cash App Customers Can Claim a $2,500 Payout. How to Submit a Settlement Claim

Business Insider

Two local credit unions are offering CDs with at least 9% interest before the Fed cuts interest rates. Find out how to qualify for the CD specials.

Some credit unions are offering CDs of 9% APY or more before an anticipated Fed rate cut

Research from The Senior Citizens League shows that Social Security benefits have lost 20% of their purchasing power since 2010. Social Security benefits may lose buying power again in 2025 because COLAs are based on the CPI-W, which measures inflation based on the spending patterns of workers. Many experts believe...

Social Security's 2025 Cost-of-Living Adjustment (COLA) May Do Something It Hasn't Done Since 2021

Overfunding a savings account could backfire on you. Read on to see why.

Here's What Happens When You Keep Too Much Money in a Savings Account

The first two rounds of August's Social Security Disability Insurance, or SSDI, payments have already gone out, and we have two more to go this month. This coming Wednesday will bring the third check for recipients, depending on their birthday. If you're unsure when you'll get your SSDI check, we'll break down the payment schedule for you and fill you in on how the date is determined by the Social Security Administration.

Social Security Disability Insurance August 2024: Here's When Your Check's Coming

In the current high-interest rate environment, banks are vying for customer deposits, offering attractive rates on savings accounts and certificates of deposit (CDs). With rates changing rapidly, consumers are advised to stay informed to secure the best deals. Financial experts suggest that now may be an opportune time to lock...

Banks Battle for Deposits: High-Yield Savings and CD Rates Soar

With the right strategy, you can beat the average.

Surprise! Here's the Average Retirement Savings for 65-Year-Olds -- and How You Can Do Better

SmartAsset

For many people, early retirement means 62. This is the age they can start withdrawing money from their retirement accounts and receive Social Security. For example, let's assume an individual with $425,000 in a Roth IRA, a $1,000 monthly pension, and expect $1,600 in Social Security. Is it going to be enough? As often in […] The post I’m 62 With $425k in a Roth IRA and $2,600 per Month between Social Security and Pension. Can I Retire Now? appeared first on SmartReads by SmartAsset.

I'm 62 With $425k in a Roth IRA and $2,600 per Month between Social Security and Pension. Can I Retire Now?

Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures our experts’ opinions aren’t influenced by compensation. Terms may apply to offers listed on this page. APY = Annual Percentage Yield. APYs are subject to change at any time without notice.

3 Reasons Not to Renew Your CD in 2024, Even With Rates at 5.20%

Whether you're moving outside the availability of your current internet provider or your monthly internet bill shot up because your introductory pricing expired, it may be time to move on from your internet service. Switching internet providers is often very confusing, but we broke it down for you. Jump to your current internet service below to find a customer service number, potential fees you need to be aware of, equipment return policies and more.

Ready to Ditch Your Internet Provider? Here's a Step-By-Step Guide on Canceling Your Internet Service

When it comes to your Social Security check, deciding where it goes is just as important as getting it in the first place. But with the wild amount of bank accounts out there, how do you know which...

I’m a Bank Teller: 7 Best Bank Accounts To Deposit Your Social Security Check

Jersey City, NJ

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Essex County, NJ

Morristown Minute

NEWARK, N.J. – Efrin Wade, a former correctional officer at Essex County Correctional Facility (ECCF), has admitted to accepting $14,000 in bribes to smuggle contraband, including tobacco and a cell phone, into the facility for inmates. The announcement was made today by U.S. Attorney Philip R. Sellinger.

Correctional Officer Guilty of Smuggling Contraband: $14K in Bribes Accepted

NewsBreak

Best Savings Rates Today -- Time’s Running Out on Top APYs, Aug. 20, 2024

Waiting for money to grow in a traditional savings account is similar to watching grass grow. While traditional savings accounts typically earn annual percentage yields, or...

Best Savings Rates Today -- Time’s Running Out on Top APYs, Aug. 20, 2024

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