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Sponsored. You can lock in 5.55% on a safe three-year, tax-deferred annuity. But rates are falling, so the time to act is now. Tint Media / Shutterstock.com
Advertising Disclosure: When you buy something by clicking links on our site, we may earn a small commission, but it never affects the products or services we recommend. Just a couple of years ago, savings rates were near zero. But that changed in 2022, as the Federal Reserve began raising rates to fight inflation. Higher interest rates are bad for borrowers, but they’re great for savers.