Alternative Ways Investors Can Reach Higher Interest Potential by Jennifer Lang Financial Services How Tax-deferred Growth — Savings Grow Faster Than With Taxable Vehicles.
Digital Asset Direct
by
Jennifer Lang Financial Services, LLC
Houston, Texas
|
March 16, 2021 10:05 AM Eastern Daylight Time
Even though Americans usually keep about 7% to 8% of their income in savings, that rate increased to more than 33% due to the pandemic.
Today the amount of cash parked in individual savings accounts is nearly $2 trillion.
Unfortunately, even high-yield savings accounts offer less than 0.70% interest. While these accounts are FDIC insured, their earnings are taxable.
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Jennifer Lang Financial Services, LLC.
Jennifer Lang
+1 877-487-8926
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