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brokerage sweep account

This week’s money news

May 1, 2023 By Liz Weston

This week’s top story: Smart Money podcast on your Social Security benefits, and tax efficient retirement investing. In other news: Mortgage rates could slip lower in May, if a brokerage sweep account is a good place to earn interest or not, and inflation maybe starting to behave.

Smart Money Podcast: Your Social Security Benefits, and Tax Efficient Retirement Investing
This week’s episode starts with a discussion about Social Security.

Mortgage Rates Could Slip Lower in May
Rates on home loans could be on a gradual downward slope.

Is a Brokerage Sweep Account a Good Place to Earn Interest?
Interest rates are going up — including those paid by brokerage sweep accounts. Here’s what experts say about using a sweep account for savings.

Is Inflation Finally Starting to Behave? New Data Says Maybe
Data from the U.S. Bureau of Economic Analysis suggests inflation is still rising but may be starting to cool.

Filed Under: Liz's Blog Tagged With: brokerage sweep account, inflation, May 2023 mortgage rates, retirement investing, Smart Money podcast, Social Security benefits

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