Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Somer G. Anderson is CPA, doctor of ...

Editor's Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. CNBC Select will update as changes are made public.

62% of U.S. adults hold stocks, with mutual funds and retirement accounts most common. Wealth distribution is skewed: the top 10% own 87% of stocks, while the bottom 50% own just 1%. Baby boomers ...