Please research three types of saving plans

Type of savings plan (regular savings account, certificate of deposit, money market account, savings bonds, and etc...)
Financial institution
Annual interest rate
Frequency of compounding (read the disclosure of the savings account information)
Minimum initial deposit
Minimum balance you will need to maintain if its a certified account
Minimum time period for certified savings or bonds
Penalties for early withdrawal
Other restrictions
Services charges, transaction fees, other costs or fees
Promotions if theres any