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Old 07-22-2019, 10:40 PM   #83 (permalink)
Xist
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Join Date: Jun 2012
Location: Show Low, AZ
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Chorizo - '00 Honda Civic HX, baby! :D
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From what I can tell, my second job (W-2) will about pay the taxes on my first job (1099), so I think that I will open a high-yield savings account, have the new job deposit directly there, and just leave it alone until I need to pay taxes.

I may earn $70.00 in interest.

T-Mobile has a savings account which currently pays 4% interest, but once you exceed $3,000, you only receive 1%.

It does not sound like you earn 4% on the first $3,000 and 1% on the rest, so I am not sure that it would make sense to switch savings accounts on the third month. VioBank currently offers 2.52%.
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