Top high-yield savings accounts and money market funds continue to offer yields above 4.5%, providing savers with attractive returns on emergency funds and short-term cash.
Online banks lead the market, with several offering rates above 5% on limited balances. Brokerage money market funds remain competitive and offer check-writing privileges.
Savers should review rates periodically, as online banks adjust quickly to Federal Reserve policy changes. Rate-chasing can add hundreds of dollars annually on meaningful balances.
