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High-yield savings.
Cash-equivalent accounts: HYSAs, money-market funds, CDs. Where to keep money you'll need within a year.
SavingHow to choose a high-yield savings account.The rate is the obvious thing. The less obvious things — FDIC insurance, transfer speed, fee structure, the bank’s history of cutting rates quietly — are what actually matter over years.The Tender Reserve Team · 5 minSavingCDs and the CD ladder, explained.A certificate of deposit locks money up for a fixed term in exchange for a fixed rate. The CD ladder is the trick that gets most of the rate without most of the lock-up.The Tender Reserve Team · 6 minSavingAn emergency fund is a permission slip.Three to six months of expenses isn’t a savings goal — it’s a license to make the rest of your financial decisions calmly. How to size it, where to keep it, when to use it.The Tender Reserve Team · 6 minSavingWhere to keep money you’ll need within a year.Checking is for next week. High-yield savings is for next month. CDs and money-market funds for further out. A short tour of where short-term money belongs.The Tender Reserve Team · 5 min