If you’re just getting started or have decided it’s time to start building up your short or longer-term savings, you may be wondering if a traditional savings account, a high-yield savings account, or a Certificate of Deposit (CD) is the right solution for you. Let’s take a closer look at three popular, non-retirement savings options.
It is important that you properly estimate your tax withholding. If an insufficient amount of taxes is withheld, you may end up owing a substantial sum, including penalties and interest, when you file your tax return.
Identity theft is a major financial concern, especially in the area of tax returns. Millions of tax filers in the past decade have attempted to file electronic income tax returns only to find that someone has already filed a return using their Social Security numbers.
The chance that someone will assume your identity to open fraudulent bank or credit accounts is increasing as thieves become more sophisticated. The best way to protect yourself is to try to prevent this from happening in the first place.
Disruption. Over the last two years, it has been a constant in our lives. For small businesses, the disruption from the COVID-19 pandemic has been relentless.
Americans are working hard to save money and plan for the future. While there is some value to socking cash away under the mattress or burying gold in the backyard, Americans have access to sophisticated savings tools that offer numerous advantages in saving for specific goals.
Americans are feeling the pinch of higher costs for nearly every aspect of daily living. From gas to groceries, many are now experiencing the challenges of paying more for raising a family than even just a year ago.