Saving & Spending

7 Accounts to Make Your Social Security Income go Further

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Last updated July 21, 2026 | By FinanceBuzz Editors

Do you receive direct deposit payments from Social Security? If you do — and you aren't using one of these accounts — you could be missing out on $100s or even $1,000s of basically free money every year.

Some of the accounts below offer various methods of growing your wealth if you receive Social Security via direct deposit, and some of them even offer large cash bonuses and other benefits — like up to $400 cash bonuses and APYs up to 5.00% or higher!

Check out the options below and stop missing out on basically free money!

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A one percent fee sounds like nothing. But on a $1 million portfolio, that's around $10,000 a year, every year, whether your advisor earns it or not.

But here’s the thing: you know a good financial advisor could help you stretch your savings further with strategies around tax-efficient withdrawals, capital gains, and required minimum distributions, which could save you thousands.

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This free matching quiz connects people with $1M+ in investable assets with up to three fiduciary advisors who serve their area, so they compare and choose the one that fits.

Turn your savings into passive income

Public is a powerful investing app that lets you earn 5.30% yield1 on your cash with treasury bill investments, which can help you avoid the volatility of the stock market.

Treasury Bills power your money by unlocking rates most banks can’t provide … offering you a rare 5.30% yield on your cash.

To get started, download the app and create your account.

When you deposit your money into a Public account, you’ll get access to purchasing U.S. government debt obligations that are backed by the Treasury Department, which historically have low risk and stable returns. There are no state or local taxes to pay, and you can sell your Treasury Bills at any time. There is no minimum to open your account, and you can purchase Treasury bills in increments of $100.

Public offers a user-friendly and accessible platform that makes it easy to start investing in Treasury Bills, which can help you earn more on your cash and reach your financial goals.

Start earning on your cash today with Public

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