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I recently began looking for another bank for my small business, and one of the criteria I am using in my search is finding a bank that not only offers a solid business account, but top tier personal savings and checking accounts as well. Managing fewer accounts is a priority for me, as is being [...]
One of the best ways to avoid dipping your fingers into your savings (especially your emergency fund for non-emergencies) is to automate your savings accounts so that your money flows through your personal economy without much interference from you. When you automate your savings accounts, you can force yourself to practice financial discipline — and [...]
One of the keys to financial freedom is developing a habit of saving. It sounds really basic, but many people have trouble with this, and many just don’t know how to start. Here is an overview of how you can get started with savings accounts. The article will cover types of savings accounts, how to [...]
There has been a lot of news recently on the ability of people to convert their traditional IRA accounts to Roth IRA accounts following legislation that removed income limits caps. But under current law, there is no ability for an investor in an employer-sponsored 401(k) account to make such a conversion to a to a [...] Related posts:Roth 401k and Traditional 401k Plans – Comparisons, Benef
We continue our in-depth look at the health care bill and how it might impact your finances. This afternoon, we’ll cover HSAs and HDHPs.I often trumpet the combination of a High Deductible Health Plan (HDHP) and Health Savings Account (HSA) as an effective way to save money on health insurance and receive a tax break on out-of-pocket expenses. The new health care bill won’t do anything to change
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About a year ago, a new type of checking account start appearing all over the place. They were basic checking accounts with, seemingly, abnormally high yields. It was not uncommon to see them offering over 5% APY on a checking account. Normally, checking accounts offer a very generous 0% APY. In fact, one of the [...]Your Take: Do You Use High Yield Reward Checking Accounts? from personal finance
We often talk about the benefits of an online savings account but it may not be for everybody.Online savings accounts seem like a great deal, but despite the potential perks, there is a downside that you must be aware of. At first glance, stashing your money online seems great. The interest rates are higher than [...]

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