Savings nest egg -- what to do with it?
My husband and I have been working hard over the past several months to set aside around $20k, in case one of us should lose our jobs...this "nest egg" would be enough to get one or both of us through several months of unemployment.
The question is, what do we do with it? Our regular savings account at Wells Fargo is yielding a rather pitiful return of around 0.25. I know there's better options out there like ING -- but is that our best bet? Is there something else we should be looking at? I don't want the money wrapped up in anything long term, in case one of us does lose our job -- the money needs to be accessible. But it would be nice to have that money "working" for us in the interim and making a little bit of a return, if possible.
Any input or guidance is greatly appreciated.