Not every savings account is suitable for retirees looking to protect $20,000 now. Here are two that are worth it.
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June 3, 2026 / 2:58 PM EDT
/ CBS News
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Have $40,000 saved for an emergency? Here are two places to consider storing it (and two places to avoid).
Even in today's unpredictable economic climate, retirees still have multiple ways to improve their finances.
If you want to protect and grow your $20,000 for an extended period, a long-term CD account is worth consideration.
All three accounts can be viable for your $2,500 over the next year, but here's which one stands out the most.
Moving $200,000 out of your retirement account into a CD may make sense now. Here's how much interest you can earn.
CD and high-yield savings accounts remain viable tools for savers. Here's how much an $8,000 deposit will earn in each.
