An individual retirement account (IRA) is a tax-friendly savings account that lets investors save for retirement. Most people can contribute up to $7,000 per year to their traditional IRA.

Unlike a savings account, profits generated in a Roth IRA, whether interest, dividends or capital gains, are not taxed, ...

Many savers make the mistake of leaving a large part of their IRA in cash, thinking they can avoid risk by doing so. In ...

A savings account is a safe place to store money you don’t need immediately. It is typically federally insured, at least up to a point, and yields interest, though some more than others. Ideally ...

Step 4: Choose a Joint or Individual Account If you’re opening an account by yourself, you’ll choose an individual account. But if you want a savings account shared with someone like a spouse ...

These are the best savings account options according to financial experts. Learn about CDs, IRAs, Money Markets and traditional savings accounts.

If you're looking to save more, you've probably heard about Apple's newly-launched high-yield savings account. And for good reason: It offers a solid 4.15% APY and comes with no monthly fees or ...

3 high-yield savings account benefits you may not have known. A great APY isn't the only high-yield savings perk. Look for these account features too. ATM or check-writing access. Some online high ...

Savings account interest rates are determined by individual banks and credit unions, but they’re heavily impacted by policies set by the Federal Reserve, which is the nation’s central bank.

If you’re wondering whether it’s something you should consider, here’s what you need to know. How Many Savings Accounts Should I Have? The short answer to this question is as many as you need.

Some people who pay into a Lifetime Individual Savings Account (LISA) may end up getting less money out than they put in, MPs have warned, as they call for the product to be reformed.