Here are some options to reduce taxes on your savings interest this year

Many Americans are still earning higher interest after a series of rate hikes from the Federal Reserve.

Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weeklyof three to six months to apply to living expenses. But the amount could be higher depending on your needs or short-term goals, experts say. A muni bond exchange-traded fund is"one of the best options available" for tax-advantaged cash, said CFP Andrew Herzog, an associate wealth advisor at The Watchman Group in Plano, Texas.

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