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Should I open a high-yield savings account? Here's how to decide.

personal finance :: 7hrs ago :: source - yahoo finance

By Emily Batdorf

Should I open a high-yield savings account? Here's how to decide. Getty images

High-yield savings accounts (HYSAs) are a much-loved financial tool among eager savers. And for good reason: These accounts currently yield around 40 times the annual returns of some traditional savings accounts.

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