SwitchWizeFinancial Decisions, Made Clearer

Where to Park It

Where to keep your cash while rates are high: what each account is, why rates differ, how tax and the Fed change the answer, and how much to hold at each age.

SwitchWize Research DeskEvery chapter reviewed by Jay Rege, Head of Financial Research10 of 10 chapters published

Your cashSavingsUse it any timeCDLocked for a termMoney fundQuick to sell

Volume 1: The Basics

What each kind of cash account is, why rates differ from bank to bank, and what the fine print hides.

  1. Chapter 1 · FoundationalSavings, Money Market, CD or Money Fund? What Each One Is ForAccount types
  2. Chapter 2 · FoundationalWhy Online Banks Pay 10 Times More Than Your Branch BankWhy rates differ
  3. Chapter 3 · IntermediateThe Four Fine-Print Checks Before You Open a Savings AccountFine print

Volume 2: Putting Your Money to Work

A plan for $100,000, when moving banks pays, and how tax changes which account pays more.

  1. Chapter 4 · IntermediateYou Have $100,000 in Cash. Here Is Where to Put ItA $100,000 plan
  2. Chapter 5 · IntermediateYour Savings Rate Dropped. Is Moving Worth the Trouble?Rate drops
  3. Chapter 6 · AdvancedSavings Account or Money Fund: Does Tax Change the Winner?Tax

Volume 3: How Much, and When

How much to keep in cash, what the Fed does to your rate, how age changes the answer, and options beyond the bank.

  1. Chapter 7 · FoundationalHow Much Should You Keep in Savings? It Depends on Your Life StageHow much to keep
  2. Chapter 8 · IntermediateThe Fed Raised Rates Again. What It Means for Your CashThe Fed
  3. Chapter 9 · IntermediateDoes Your Age Change How Much Cash You Should Keep?Age and cash
  4. Chapter 10 · AdvancedBeyond the Bank: Five Other Places to Park Cash and the Catch in EachOther options

Educational content, not individualized financial, tax or legal advice. Examples use hypothetical figures unless a source is cited.