Besides a savings account, where is the safest place to keep my money?

Retirement Savings, Investing
Sort By:
Most Helpful
23 hours ago
100% of people found this answer helpful

Good question!  You have identified savings accounts as a safe place. Make sure you are using a federally insured institution to obtain the safest status (Think FDIC!). Also, as a reminder, do not exceed the FDIC amount in any one account to be on the safe side. You will also want to look at savings bonds and US Treasury instruments such as notes and bonds.  As an alternative, you may wish to consider annuity strategies with a highly rated insurance company. Bear in mind that the financial stability of the insurer is your guarantee--research carefully and get all the facts. Best of luck!

June 2016
October 2012
June 2016
21 hours ago