As the Federal Reserve (Fed) prepares to hold interest rates steady at its July 30 meeting, American savers need more than ...

Instead, a Roth IRA allows you to put your money to work in multiple investments, enhancing your interest rate or return on those investments, provided you meet certain rules.

IRA certificates of deposit can be tax deductible — but only if you meet specific income requirements and don’t have certain ...

As of April 15, 2024, for example, the average interest rate was 1.81% for a 12-month CD and 1.39% for a 60-month CD vs. 0.46% for a savings account and 0.66% for a money market account, according ...

Starting your career with a salary under $50,000? Making smart financial decisions early on is crucial. One of the best ways to secure your future is by contributing to an Individual Retirement ...

Opening a Roth IRA can provide tax-free growth on your investments for retirement, while a high-yield savings account offers a more liquid and low-risk option for saving money.

High-interest debt can feel like a dead weight. While it may be tempting to pull money out of a Roth IRA to pay off debt, is it a good idea?

Roth IRA Conversions: Benefits and Considerations Beyond Taxes You could pay a lower tax rate now if you convert savings into a Roth IRA, but there could be more complex issues for you to consider.

Considering a Roth IRA vs. a traditional IRA? Learn how they work, how they’re different, when it makes sense to open one versus the other and where to do so.

A fixed-rate annuity — also called a multi-year guarantee annuity, or MYGA — is a more conservative choice. It works like a bank CD, paying a set interest rate for a set period.