The FED Just Raised Rates — Seniors, Move Your Savings Before October 31

On September 16, 2026 the Federal Reserve raised interest rates by a quarter point, 12 votes to 0, to 3.75%-4%. The next day it raised what it pays banks on their reserves to 3.90%. The national average savings account still pays 0.37%. Do nothing, and your savings lose buying power while your statement shows a bigger balance. Dates: October 14 (September inflation and the 2027 Social Security COLA), October 27-28 (Fed meeting), October 31 (I bond rate period ends) This video is educational content and general information only. It is not financial, investment, tax or legal advice, and it is not a recommendation to buy any product. Rates change often. Check current rates and terms with the bank, credit union or TreasuryDirect, and speak with a qualified professional before you move your money. #FederalReserve #Seniors #SavingsAccount TAGS fed rate hike september 2026, federal reserve raised rates, fed rate hike seniors, savings account interest rate, high yield savings for seniors, i bonds october 2026, i bond rate 4.26, treasury bills treasurydirect, cd ladder retirees, fdic insurance limit joint account, prime rate credit card, social security tax interest income, retirement savings rate hike, fed warning savings account HASHTAGS #FederalReserve #Seniors #SavingsAccount #IBonds #Retirement #SeniorFinance #InterestRates