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Reply to "HYSA vs. 401k"
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[quote=Anonymous]Curious if anyone is putting more savings aside for retirement into a high yield savings account vs their 401k? With uncertain markets, this seems like it could be a smart choice for those who are more risk adverse. HYSA APYs are around 4%, and though they are variable and can dip, you don’t lose money the way you can on traditional investments. Plus you can pull money out if needed sans penalty. Anyone doing this as a strategy? And drawbacks? [/quote]
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