Re: High Yield Savings accounts revisited
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higher yield means higher risk. so always beware. though unlikely you will lose your money the risk is there. even in ones supposededly insured by the fed reserve. you may get your money if the bank fails but may take a long time and dont get interest whike you are waiting.
try emailing and getting results from an online bank if it gets in trouble. remember neteller. memories are short.
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HSA bank is so big. I would say its safer than putting our $ in a local B&M Bank.
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