Tuesday, 28 May 2024

Tag : money market accounts

23 Nov
10:09

Roth IRA Interest Rates and Returns Explained

Updated on Tuesday, November 23, 2021 A Roth IRA can be an excellent way to set money aside for retirement, but knowing how to make your money grow in a Roth IRA can be confusing. The first thing to understand about Roth IRAs is that they don’t have their own […]

13 Nov
5:59
14 Oct
5:40

What Is APY?

Updated on Thursday, October 14, 2021 Annual percentage yield (APY) is a percentage that indicates an investment’s actual rate of return — in other words, how much it grows — in a year. The key difference between APY and an interest rate is that APY factors in compound interest. An […]

18 Jun
6:38

How to Choose a Bank: 8 Questions To Consider

Updated on Friday, June 18, 2021 Whether you’re choosing a bank for the first time or debating switching to a new one, there are multiple factors you should consider to ensure the bank you choose is the right one for you. Specifically, you should identify your own unique needs that […]

15 Jun
2:48

10 Best Savings Accounts in June 2021

A savings account is a key component of everyone’s financial life, but not everyone needs the same thing from their savings account. We’ve outlined the best savings accounts in several categories to help you find the right one for your preferences, whether that’s earning a high interest rate, dodging fees […]

09 Jun
6:28

The Best Business Savings Account Rates in 2021

Updated on Wednesday, June 9, 2021 Are you looking to start or grow a business? Opening a business savings account can offer federal protection for the funds you deposit (up to $250,000) and provide a source of liquidity should inevitable expenses arise. You can earn interest while setting aside money […]

19 May
3:16

The Best Online Banks in 2021

Updated on Wednesday, May 19, 2021 The future of banking is online — and you don’t want to miss it. Online banking has become almost synonymous with low fees and earning top-notch interest rates, in addition to convenient account access. Whether you’re looking to take your entire banking suite completely […]

21 Mar
11:59

NCUA vs FDIC: Understanding the Differences

Kate Ashford You deposit money in the bank because it’s safe and always available when you need it. But who ensures that the money kept in banks and credit unions is safe? That’s the job of the FDIC and the NCUA. The FDIC is the Federal Deposit Insurance Corporation, the […]

24 Feb
7:39

Best Savings Account Bonus Offers

Lauren Perez There’s no shortage of checking account bonus offers, with everyone from small local banks to the big household names offering hundreds of dollars to new customers. Banks know it’s hard to get you to leave your old bank, especially when you’re comfortable with the accounts you have. But […]

16 Feb
10:28

How Important Is It to Have a Rainy Day Fund?

Sage Evans Be prepared for the unexpected with a rainy day fund. Life is unpredictable, which is why a rainy day fund is one of the most important components of a sound financial foundation. Even the most prepared, organized people can be caught off guard and put into a difficult […]