Home: Authors: T.M. Murphy

There aren’t a lot of hard-and-fast rules when it comes to an individual retirement account.

Most banks now offer online banking services alongside the standard services that they continue to offer at their brick-and-mortar locations: checking, savings, credit cards, loans, etc.

Although it’s typically new parents who consider starting savings accounts in their children’s names,

If you don’t already use online banking, it may seem like an advanced concept. In fact, the opposite is true.

If you’re unemployed, making low wages or otherwise in an unstable financial situation, it doesn’t mean that it’s a bad time to open or make regular contributions toward your individual retirement account (IRA).

Before you choose any savings or investment types – be it a retirement account, money market account or short-term certificate of deposit – or choose the brand of bank with which you’d like to work

In most cases, you want to choose banks for the long haul. You can save money and gain benefits by staying with one bank over time

A money market account combines the thrill of a short-term, high-yield investment with the security of a savings account, which often intrigues new investors

Do you have money saved up that you don’t need to access for a fixed amount of time? For example, money that’s been put aside for buying a house or starting a family, which you don’t intend to do for a number of years

Although a certificate of deposit (CD) can help you save up for retirement, in most cases it shouldn’t entirely replace an individual retirement account (IRA),