Essential Information to Consider Before Opening a High-Yield Savings Account
Written by Emily J. Thompson, Senior Investment Analyst
Source: Yahoo Finance
Updated: Nov 17 20250mins
Discussion on High-Yield Savings Accounts: Experts Rhian Horga, Lazetta Rainey Braxton, and Jeffrey Levine discuss the advantages and disadvantages of high-yield savings accounts on Yahoo Finance’s Decoding Retirement podcast, emphasizing the importance of understanding liquidity needs and annual percentage yields (APY).
Considerations for Account Selection: When choosing a high-yield savings account, individuals should consider how much money they plan to deposit, their need for access to funds, and potential fees associated with the accounts, as well as the implications of promotional yields that may change after an introductory period.
About the author
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Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
