Here are 3 places to earn 4% on your money starting this June

Article excerpt

With interest rates still elevated, savers can lock in 4% returns through three primary vehicles this June: high-yield savings accounts offered by online banks, money market funds, and certificates of deposit. Banks like Marcus and Ally currently advertise rates at or near 4%, while money market funds track similarly competitive yields. The opportunity reflects the Federal Reserve's higher rate environment, though experts warn that these returns may not persist indefinitely as the Fed could cut rates later in 2026. The article walks readers through each option's tradeoffs, savings accounts offer liquidity, CDs guarantee rates but require locking up funds, and money market funds sit in between.