⚠️ 6 Places Seniors Should NEVER Keep Their Cash Before October 28

On September 16, the Federal Reserve raised interest rates for the first time since 2023 — so the interest your cash should be earning just went up. But your bank probably didn't pass that raise on to you, and the Fed could raise again on October 28. In this video we walk through 6 places seniors should NEVER keep their cash, why each one is quietly costing you money right now, exactly where to move it (safely and fully insured), and the step-by-step way to make the move before the October 28 decision. What we cover: - The near-zero bank account keeping the raise the Fed just handed out - Cash at home — why "safe" is quietly losing you money - Money market FUNDS vs ACCOUNTS — the difference that decides if you're insured - More than $250,000 at one bank — the FDIC limit mistake - Locking everything into one long CD right as rates climb - The "guaranteed" annuity a salesman is pushing — and its traps - Where your cash SHOULD go, by bucket — and how to move it step by step This channel is for education, not personal financial advice. Free resources: - Verify a bank is insured — FDIC BankFind: fdic.gov/bankfind - Treasuries & I bonds — TreasuryDirect: treasurydirect.gov - Find a fee-only fiduciary (no commissions): napfa.org If this helped, share it with someone on a fixed income — most people have no idea their bank is quietly keeping the raise. Subscribe for plain-English help protecting your money. #Savings #Retirement #FDIC #SeniorFinance #HighYieldSavings #FedRates