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THANK YOU, George.
Can I open one up at Wells Fargo
yeah savings account will not make you much cash
George conveniently left out the most important item: the *rate* . Anyone can claim “high yield”. It’s like claiming low-fat, but less regulated. You’re taxed on your gains. Interest is considered “unearned” income, but is still taxable. So, bleed 20% (at least) off the top. What is left is your *real* gain. If you have a 4% rate, you’re actually earning about 3.2%, which is currently about 0.5% above inflation, so you’re treading water. OK for an emergency fund, but you can obviously get better returns elsewhere.
Fidelity is a brokerage account good for Roth IRA and HSA