Ask a YFP CFP #150: What's the catch with these new savings accounts that have 4%+ APY?

Published: June 5, 2023, 9 a.m.

Welcome to Ask a YFP CFP\xae, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP\xae, RLP\xae, RICP\xae, takes this question from Keith in Ohio: What's the catch with these new savings accounts that have 4%+ APY?

Mentioned on the Show:

  • YFP Planning: Financial Planning for Pharmacists
  • Record your questions\xa0here\xa0or send them via email to\xa0info@yourfinancialpharmacist.com
  • Your Financial Pharmacist Disclaimer and Disclosures: This podcast is intended for educational purposes and should not be considered financial or investment advice as we do not know all the variables to one's personal situation when answering a question. For more information visit\xa0https://yourfinancialpharmacist.com/disclaimer/\xa0