Should you open a high-yield savings account now? Experts weigh in
The Fed's Benchmark is at its highest level in 22 years, which is good news for savers interested in HYSAs.
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Tim Maxwell is a freelance writer who covers investing, real estate, banking, credit education and other personal finance topics. Tim began his career as a broadcast journalist, covering breaking news events, conducting on-camera interviews and editing news packages for viewers. He later worked in various digital media roles for 20th Century Fox and NBC/Universal film studios. Tim's financial articles have been published in over 20 major media outlets, including CBS News, Newsweek, Bankrate and Fox Business. He earned a degree in mass communications from Fresno State University.
The Fed's Benchmark is at its highest level in 22 years, which is good news for savers interested in HYSAs.
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