High-yield savings accounts are recommended for emergency funds because they provide liquidity and pay interest on the balance.

Authors

• Person: Gina Coletti Organization: Nixon Peabody Trust Company
  How to build and maintain an emergency fund
• Person: Not available Organization: Baird
  Building an Emergency Fund: Your Financial Safety Net

Sources

• How to build and maintain an emergency fund www.nixonpeabodytrustcompany.com Gina Coletti · Nixon Peabody Trust Company via serper
• Building an Emergency Fund: Your Financial Safety Net www.bairdwealth.com Baird via serper

Referenced by nodes (1)

• emergency fund concept