Banks are paying virtually no interest on savings accounts and CDs.
Take a look at TreasuryDirect.gov. T-Bills are yielding better. I’m planning to ladder since yields will be rising at least through the rest of 2022 if not more.
Link a savings or checking account. Place your order for a future auction.
I-Bonds are better than T-Bills but only $10,000 per year per Social Security number.