Quote:
Originally Posted by DRS112
I don't think you're that old are you? If you ask me you should put it in something that earns a higher return....you can get 10% or better depending on how you allocate it in a IRA, mutual fund or whatever....
What does a high-yield savings give? 5%?
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lol...no, i'm not
that old

and usually, yes, but the bank i work for gives employees a bump on what the current rate is, so it's better to put it there than in my ira, especially with the volatility of the market recently...