YahooAugust 14, 2026 at 12:06 PM NY21 days ago
Inflation and Taxes Are Eating Into Your Savings. What You Can Do About It.
Your money-market fund is now yielding more than inflation, if only by a hair. “Nothing” seems to be the answer from those individuals who keep $3 trillion stashed in money funds yielding about 3.5%, 10 basis points more than the 3.4% increase in the consumer price index in the latest 12 months, but less than that after rendering unto Uncle Sam.
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