Cash News Even when you know tax day is coming, the deadline has a funny way of creeping up on you. As April begins, taxpayers with a tendency to procrastinate are officially entering crunch time. April 15 is the last day to file your 2024 federal income tax return on time to the Internal Revenue […]
Cash News As interest rates begin to fall following the Fed’s recent rate cuts, it’s more important than ever to ensure you’re earning a competitive rate on your savings. One option you may want to consider is a money market account (MMA). These accounts are similar to savings accounts — they offer interest on your […]
Cash News If you’re looking to supercharge your savings, a high-yield savings account could provide an above-average return to help your balance grow faster. However, not all banks offer high savings account rates, which is why it’s important to shop around and find the most competitive savings interest rates available. Read on to learn more […]
Cash News Some mortgage rates have decreased today while others have increased, but either way, most of the shifts are minor. For example, according to Zillow, the 30-year and 15-year fixed interest rates are each down one basis point to 6.49% and 5.85%, respectively. Meanwhile, the 20-year fixed interest rate is up four basis points […]
Cash News If you’re looking for a secure place to store your savings, a certificate of deposit (CD) may be a great choice. These accounts often provide higher interest rates than traditional checking and savings accounts. However, CD rates can vary widely. Learn more about where CD rates stand today and how to find the […]
Cash News Money market accounts (MMAs) can be a great place to store your cash if you’re looking for a relatively high interest rate along with liquidity and flexibility. Unlike traditional savings accounts, MMAs typically offer better returns, and they may also provide check-writing privileges and debit card access. This makes these accounts ideal for […]
Cash News The Federal Reserve reduced its target interest rate three times in 2024. This had a ripple effect on deposit account rates, which means now could be your last chance to lock in today’s high rates with a certificate of deposit (CD). Here’s a look at today’s CD rates and where you can find […]
Cash News The Federal Reserve cut the federal funds rate three times in 2024, which means deposit account rates are also on the decline. It’s more important than ever to ensure you’re earning the highest rate possible on your savings, and a high-yield savings account could be the solution. These accounts pay more interest than […]
Cash News Claiming dependents on your tax return can save you money. Unfortunately, you can’t claim yourself as a dependent. A tax dependent is someone who relies on you for at least 50% of their support, such as a child or another relative. The rules for claiming dependents can get complicated, so we’ll break down […]
Cash News Welcome to This Week on Reddit, our weekly series that answers redditors’ biggest banking questions. Each week, our editors choose an interesting and relevant user question to examine. Read on for our expert analysis. A checking account is designed to manage everyday transactions, so it’s probably your most-used bank account. That’s why it’s […]