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May 26, 2026 / 2:14 PM EDT
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Want a safe and profitable home for your $150,000? Here's how much you could earn with a high-yield savings account.
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May 26, 2026 / 2:14 PM EDT
/ CBS News
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Ask An Advisor: I Have $2M In Retirement Accounts. How Can I Make Sure Taxes Don’t Deplete My Savings?

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Have $15,000 earning little interest in a regular savings account? Here's what you'd earn by moving it into a CD now.

Have $7,500 that you're looking to protect and grow? Here's how much interest you'd earn with these three accounts.

All three accounts can be viable for your $2,500 over the next year, but here's which one stands out the most.

Interest earnings on a CD account of this size will be substantial and, unlike other savings accounts, guaranteed.

The gap between the returns on a $25,000 CD and a $25,000 high-yield savings account may surprise you.

The interest-earning potential of a short-term CD and a high-yield savings account is similar now, but not identical.