Savings Account FAQs & Basics

The Best Savings Accounts to Save for Home Down Payments Photo of Simon Zhen Simon Zhen The Best Savings Accounts to Save for Home Down Payments Imagine your money growing at least 100x faster as you stay diligent with your... Choosing and Opening a Baby Savings Account Opening a baby savings account comes with many advantages. Here we provide everything you need to know about choosing and opening your baby's first savings account. What Type of the Savings Accounts Are the Best? Learn what makes a good savings accounts and find out how to choose the best savings account based on fees, interest rates, and features. Savings Accounts vs. Bonds: Which is Better for Saving? Photo of Thomas (TJ) Porter Thomas (TJ) Porter Savings Accounts vs. Bonds: Which is Better for Saving? Savings accounts and bonds are two different ways to you can make your money work... Savings Account vs. Roth IRA: Which is Better? Photo of Thomas (TJ) Porter Thomas (TJ) Porter Savings Account vs. Roth IRA: Which is Better? Savings accounts and Roth IRAs are two common accounts that people use to build... Savings Accounts vs. IRAs: Which is Better? Learn how savings accounts are different from IRAs and which one your should use to grow your money. Are Savings Accounts Taxed by IRS? Find out whether or not the interest earnings on your high yields savings accounts can be taxed by the IRS. Saving or Invest Money in Stocks: Which is Better? Photo of Thomas (TJ) Porter Thomas (TJ) Porter Saving or Invest Money in Stocks: Which is Better? Making your money work for you is one of the most important aspects of personal... Can You Get a Savings Account With an ATM Card? Photo of Valencia Patrice Higuera Valencia Patrice Higuera Can You Get a Savings Account With an ATM Card? Many savings accounts do not come with an ATM card, which would be useful if you... Why You Should Make an Emergency Fund a Priority The reason why you're still not saving for an emergency is more psychological than you think. Here's what you can do to start saving money today. Learn What is Compound Interest & How it Works Compound growth is the most powerful way to accumulate wealth for the long-term. Find out how it can help you increase your savings. 5 Steps You Must Take to Start Saving for Retirement In Your 30s Photo of Rebecca Lake Rebecca Lake 5 Steps You Must Take to Start Saving for Retirement In Your 30s The earlier you begin saving for retirement, the better, but if the big 3-0 has... What is a Savings Account?: A Quick 101 Guide Photo of Simon Zhen Simon Zhen What is a Savings Account?: A Quick 101 Guide 1. What is a Savings Account and Why Do I Need One? A savings account is a type... 6 Ways to Save Money and Pay Off Debt These suggestions on how to save money and pay off debt will eliminate those credit card balances so you can begin saving and secure your financia l future. How to Maximize Your Savings When Interest Rates Are Rising When the Fed raises rates, will you be prepared to maximize your savings? See how to use savings accounts and CDs with a rising interest-rate strategy. Compare Excess Withdrawal Fees at Top U.S. Banks Photo of Theresa Kim Theresa Kim Compare Excess Withdrawal Fees at Top U.S. Banks ATM machines at TD Bank Note that these figures are reflective of fees for the... What to Know Before Opening a Savings Account Photo of Veronica Stewart Veronica Stewart What to Know Before Opening a Savings Account “A penny saved is a penny earned,” or so said Founding Father/popular quote... How to Save On Laundry Costs The average American family washes about 300 loads of laundry each year. Here are a few tips on how you can save money doing your laundry. Should You Save for Retirement or for Your Kids' College? Should adults save for retirement or kids college funds? How to set goals to save for retirement and college using a 529 plan; how to choose which to do. How to Avoid Savings Withdrawal Fees Photo of Simon Zhen Simon Zhen How to Avoid Savings Withdrawal Fees Question: I recently was charged $3 by Bank of America for “Fee For Checks And/Or... How Multiple Goal Oriented Savings Accounts Help You Save Photo of Simon Zhen Simon Zhen How Multiple Goal Oriented Savings Accounts Help You Save Setting a savings goal is important when you want to improve your... What Bonds Should You Buy for Your Kids? The benefits of buying savings bonds for your children provide them with a financial edge that could well serve them in the future. How Health Savings Accounts (HSAs) Works Money Market Accounts Vs. CDs: Which is Better? Photo of Simon Zhen Simon Zhen Money Market Accounts Vs. CDs: Which is Better? If you have some extra money scattered throughout various accounts, it might be... CD Vs. Savings Account: Which Is The Better Option For You? Photo of Simon Zhen Simon Zhen CD Vs. Savings Account: Which Is The Better Option For You? As with any type of bank account, the trade-off between a CD and a savings account...