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10 Ways to Earn More Interest on Your Savings

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There are only two types of people in this world – those who know how to make their money work for them and those who do not. Most Americans do not know that there are a number of options available for them to double their savings within just a matter of decades. These investment options allow savvy investors to build up on their wealth with a guarantee return of their principal amount.

Are you looking for easy ways to earn more interest on your savings account? You should read on as we unveil top ten investment options in the U.S. that allow you to eke out more interest out of your saving account.

1. Indexed Annuities

Indexed annuities are a special class of financial assets that offer high return potential similar to equity stocks with the guaranteed return of the principal amount. The returns on these indexed annuities are linked to the performance of a number of equity stocks. There is usually a cap on the rate of return you can earn on the indexed annuities. But the rate is often higher than that of ordinary annuities. You can expect to earn around 7%-10% return on indexed annuities.

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