High-Yield Savings Account Rates Today
Digest more
Learn how interest rates affect savings, borrowing, and the economy, impacting personal and business finances. Discover their role in investments and economic trends.
Women are saving less for retirement than men — and the gap could impact their future. A new Transamerica Center for Retirement Studies survey found that the median total savings women have in household retirement accounts is $56,
A 401 (k) is a great first choice if you qualify for a company match. IRAs give you greater control over your investments and when you pay taxes. HSAs offer tax-free medical withdrawals at any age, but can also double as retirement accounts.
HSAs appear preferable to other tax-advantaged savings vehicles, especially for investors expecting out-of-pocket healthcare expenses. Even in a worst-case scenario—using HSA funds for non-healthcare expenses—the HSA is at least as good as a traditional tax-deferred 401 (k) or IRA.
With the Affordable Care Act subsidies set to expire, we're taking a closer look at one of the main Republican alternatives to help Americans pay for their health care. As Lisa Desjardins reports, the plan is centered on health savings accounts.
Even if you've managed to save a lot of money, if you withdraw funds without thinking it through, you could deplete your nest egg in your lifetime. A better idea is to come up with a withdrawal strategy that works for you based on your asset allocation, life expectancy, and income needs.
Georgia homeowners will soon be able to open catastrophe savings accounts to help cover disaster-related expenses as insurance deductibles continue rising.
A savings account is usually for emergencies, but here's when tapping it is actually the smartest financial move you can make.