"Directly held" means the asset is not in a retirement account. The value of bonds in this table looks much higher than the other categories, especially given that only a tiny fraction of 55-64-year-olds owns directly held corporate or municipal bonds. This small group either holds numerous bonds, bonds with high values, or both. Also, survey respondents self-report values, and could have reported face values of bonds that they found on account statements, rather than market values, which may have been lowe ...

elenaleonova / Getty Images Inflation’s bite means your savings may be slipping—but one straightforward move can help you stay ahead. Key Takeaways Inflation has eased to 2.7%, but that's still considered high. It will eat away at any savings that's earning less than that rate. You can continue to earn well above today's inflation rate with a top high-yield savings account, where rates range from 4.20% to 5%. To lock in your inflation protection, consider adding a top-paying CD, which guarantees its ...

Core Points - The Axos ONE® Checking account has a base APY of 0.00% and the Axos ONE® Savings account has a base APY of up to 1.00% [2] - Promotional APY is available for both accounts if specific criteria are met during the Qualification Period, which runs from the first business day of the month to the 25th [3] - To qualify for the promotional APY, the Axos ONE® Checking account must meet either of two sets of requirements related to direct deposits and average daily balance [7] Qualification Criteria - Option 1 requires monthly qualifying direct deposits of at least $1,500 and an average daily balance of at least $1,500 [7] - Option 2 requires monthly qualifying deposits of at least $5,000 and an average daily balance of at least $5,000 [7] - If the requirements are met, the Axos ONE® Checking account earns a promotional rate of 0.51% APY and the Axos ONE® Savings account can earn up to 4.31% APY for that statement cycle [7] Account Status - Both accounts must be open and active on the 25th of the month and on the date interest is paid to qualify for the promotional APY [6] - If either account closes during the Qualification Period, neither account will be eligible for the promotional APY for that cycle [6] Deposit Types - Qualifying deposits include ACH transfers, inbound wire transfers, and check deposits, while internal transfers and interest payments do not qualify [5][4]

Core Insights - The article highlights the disparity in savings account interest rates across different banks, emphasizing that many savers are earning significantly lower rates than they could be by exploring other options [2][3][8]. Savings Rates Comparison - Major banks like Chase, Bank of America, and Wells Fargo offer a mere 0.01% APY on standard savings accounts, which is effectively a near-zero return [4]. - The national average savings rate across FDIC-insured banks is only 0.40% APY, indicating that many savers are not maximizing their earnings [5][8]. Impact of Low Savings Rates - Low savings rates can lead to a loss of purchasing power, especially when the APY is below the current inflation rate of 3% [6][15]. Alternative Savings Options - Other well-known banks provide significantly better APYs, ranging from approximately 3.25% to 3.65%, which is a substantial improvement over the rates offered by the largest banks [8][9]. - The highest-yield savings accounts currently offer rates between 4.15% and 5.00%, primarily from smaller banks and credit unions that are competing for deposits [12][13]. Conditions for High APYs - Some of the top rates, such as 5.00%, may come with conditions like setting up direct deposits or limits on the balance that earns the high APY [13]. - Many high-paying accounts in the 4.25% to 4.75% range do not have special requirements, making them accessible for savers looking to maximize earnings without additional steps [14].

Core Insights - The years following 2020 have been characterized by significant economic fluctuations, including government stimulus, inflation, and increased borrowing costs [2][3] - During the pandemic, U.S. households accumulated approximately $2.3 trillion in excess savings, with the personal saving rate rising from 7.25% to nearly 18% [3] - By 2024, many Americans had depleted their savings, with only about half maintaining three months' worth of expenses [3] Savings Analysis - Saving $100 monthly from January 2020 to October 2025 totals $7,000 if kept in cash, but could grow to $7,635 in a high-yield savings account at 4% interest, or approximately $8,400 if invested in an index fund with a 7% annual return [5] - The importance of regular saving is emphasized, as missed opportunities for growth can significantly impact overall savings [6][7] Behavioral Insights - The unpredictability of recent years has highlighted the necessity of building a habit of saving, even in small amounts, to prepare for future financial stability [7]

Core Points - Robinhood is launching a sweepstakes for its Gold members, offering a chance to win physical gold bars, including a grand prize of a 1-kilogram gold bar valued at approximately $130,000 and 999 smaller bars valued at around $330 each [2][3]. Group 1: Sweepstakes Details - The sweepstakes is open to Robinhood Gold members from November 3 to November 28, with entries based on net deposits made during this period, earning one entry for each dollar deposited [6][9]. - A maximum of 1,002,000 entries can be accumulated per person, and withdrawals during the sweepstakes will reduce total entries [10][9]. - An alternative entry method is available through mail, allowing non-Gold members to participate, with each valid mail-in entry counting for 3,000 entries [11]. Group 2: Membership and Costs - Robinhood Gold membership costs $5 per month or $50 per year, providing benefits such as a 3.50% interest rate on uninvested cash and access to additional research tools [14][12]. - For existing Gold members, entering the sweepstakes incurs minimal costs beyond moving funds into their brokerage account, while non-members must weigh the cost of membership against the potential prize [15][7]. - The potential trade-off for Gold members includes the interest income lost if funds are moved from higher-yield savings accounts to participate in the sweepstakes [13].

Core Insights - Consumers are preparing for an expensive holiday shopping season due to tariffs, inflation, and a higher cost of living [1] - 84% of consumers plan to reduce spending, especially on dining out, clothing, and big-ticket items, with an expected average holiday gift spending of $721, down from $814 in 2024 [2] Consumer Behavior - Many consumers intend to rely on credit cards to manage holiday expenses, which experts warn could lead to financial difficulties in the new year [2][3] - Setting a budget and avoiding debt during the holiday season is crucial for financial health [3] Budgeting Strategies - Establishing a holiday spending line item in the budget and creating a "sinking fund" can help manage holiday expenses without affecting other financial obligations [5] - Conducting a budget audit to identify areas for cost-cutting can free up funds for holiday savings [6] Savings Opportunities - Utilizing high-yield savings accounts (HYSA) for holiday funds can enhance savings through interest earnings, with some accounts offering over 4% APY [7] - Setting specific spending limits for gifts and travel can help maintain budget discipline and prevent impulse purchases [8][9] Shopping Tips - Early shopping allows consumers to compare prices and take advantage of sales and discounts [9] - Researching retailers' price-match guarantees can help ensure consumers do not overpay for gifts [10] Additional Income Sources - Taking on seasonal part-time jobs or side gigs can provide extra cash to offset holiday expenses [11] - Creative cost-saving measures, such as reducing the number of gift recipients or suggesting gift exchanges, can make holiday giving more manageable [12] Utilizing Rewards - Credit card rewards can be redeemed for gift cards or merchandise, helping to alleviate some holiday costs [13] Overall Perspective - The holiday season should focus on intentional and thoughtful spending rather than excessive expenditure, with proper planning and budgeting strategies enabling enjoyment without incurring debt [14]