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Have $65,000 in a traditional account? Here's how much interest you'd earn by transferring it into a high-yield one.
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Originally reported by CBS News
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“If you have $65,000 in a traditional account, transferring it to a high-yield savings account can earn you a significant amount of interest.”
High-yield savings accounts offer higher interest rates compared to traditional accounts
The interest earned on a $65,000 high-yield savings account can vary depending on the current market rates
Transferring funds to a high-yield account can be a smart financial move
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