Fidelity Cash Management Account To Add New Core Money Market Fund Option (SPAXX @ ~5% APY)
Updated: 2024-04-22 05:37:01
A flexible alternative to a traditional bank account is getting better. The Fidelity Cash Management Account (CMA) is a brokerage account that also includes traditional bank features like ACH routing and account numbers, Billpay, mobile check deposit, physical checks, and ATM/debit cards. Perhaps a lesser-known fact is that the standard “Fidelity Account” is a brokerage […]
Update: Savings I Bonds bought from May 1, 2024 through October 31, 2024 will have a fixed rate of 1.30%, for a total composite rate of 4.28% for the first 6 months. The semi-annual inflation rate was 1.48% as predicted (2.96% annually), but the full composite rate is dependent on the fixed rate for each […]
There is a new class action settlement involving Walmart and weighted groceries. The pertinent details are below. My standard recommendation applies – If you are affected and choose to participate, file a claim now quickly before you forget, and then… forget. That way you are pleasantly surprised if and when any money eventually arrives. Who […]