t asked:


I have a couple grand that I would like to put into a savings type account and earn some interest from. I only want to put it in a saving type of account for a year. What would be the best type of account to put it in to get the best interest return? When I take it out after a year, will I get taxed on it ?

Kaitlin

psyPhD asked:


I’m going to open a savings account, but all of them seem to say that the stated interest rate may change after you open the account. How then do I know which account will give me the best interest rate, if they all change at any time for any reason?

Isabel