Here's how putting $5,000 into a high-yield savings account can earn you $200+ in interest over a year, while keeping it accessible and FDIC insured.

With interest rates on this account type still competitive, the returns on a $50,000 deposit may be worth pursuing.

Key Takeaways Traditional savings accounts preserve your balance but rarely outpace inflation, eroding your money's value.Balances left dormant for too long may be handed over to the state.It's smart to put your savings somewhere it can earn a high return.

Today's best high-yield savings accounts offer up to 5.00% APY -- see top rates and choose the perfect place to help your money grow faster before rates drop.

Rates on savings accounts are relatively unchanged since last week. You can now earn up to 5.84% on your savings. Shopping for an account where you can save for a rainy day or retirement? Here’s a look at some of the best savings rates you can find today.

This type of account offers triple-tax benefits, and is especially useful after you turn 65. And the great part is that you can open it well before retirement age.

An emergency fund is an individual savings account that anyone can open and designate as money for unexpected expenses. An ESA is an employer-sponsored emergency savings account that you can enroll in, either alongside a retirement account or through an out-of-plan account.

"ICI applauds the significant philanthropic gift announced today to help kickstart Trump Accounts for millions of American children. In a similar fashion, the government contribution for children born in the next several years will set these accounts to a great start and help ensure widespread of adoption of an investing mindset for American families.