Here are 3 places to earn 4% on your money starting this June

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Here are 3 places to earn 4% on your money starting this June

Savers can still earn a sizable return on their money now, as long as they keep it in the right type of account. Jenner Images/Getty Images In today's high-rate and inflationary economic environment, …

Savers can still earn a sizable return on their money now, as long as they keep it in the right type of account. Jenner Images/Getty Images In today's high-rate and inflationary economic environment, there are plenty of ways to spend your money. With inflation at its highest point since 2023, high interest rates frozen since December and wages softening, it's easy to spend your money with little to show in return. But there are some effective ways to offset these current economic conditions, even now. With specific savings accounts, for example, savers may even be able to outpace inflation with an interest rate more than a full percentage point above the inflation rate. That said, this will require some movement on the part of savers. That means the traditional savings account, with a minimal average rate of just 0.38% , will likely need to be exchanged for an alternative account type. But with multiple accounts currently offering rates of 4% or more, approximately, and with even variable interest rate accounts expected to hold steady in today's inflationary landscape, this should be an easy move to make. So, where exactly can savers start earning 4% on their money this month? Below, we'll outline three places to consider moving your funds now. Start by seeing how much interest you could be earning with a CD account here . 3 places to earn 4% on your money starting this June You don't need to keep all of your money just in one of the following three accounts. …

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