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3 weeks ago | 
cnbc.com | Andreina Rodriguez |Trina Paul
Debit cards aren't known for their rewards, yet these ones offer cash back and can help you save.
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Mar 18, 2025 | 
cnbc.com | Andreina Rodriguez
The IRS views interest on a savings account as earned income, whether it's $1 or $1,000. So, if you received interest on a high-yield savings account in 2024, you need to report it when you file your federal tax return for the 2024 tax year. Is savings account interest taxed? If you have a savings account that earned interest, you are required to report it to the IRS, like you would with any other form of income.
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Feb 24, 2025 | 
cnbc.com | Andreina Rodriguez
When choosing a certificate of deposit (CD), you have to compare a few figures to make the right call for your needs — any minimum balance requirements or the amount of interest earned, for example. But perhaps no number looms larger in your mind than the CD's term length.
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Feb 14, 2025 | 
cnbc.com | Andreina Rodriguez
Bank accounts aren't usually described as "scary," but tell a parent that their kid has a debit card granting them unfettered access to the family funds and watch their face fill with terror. Fortunately, many debit cards exist with features that strike a balance between financial freedom and parental oversight. That way, you can feel confident that your child is developing good spending habits while you maintain some control over their spending.
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Jan 28, 2025 | 
cnbc.com | Andreina Rodriguez
Managing a disability can come with significant financial challenges, and if you depend on federal benefits programs that limit the amount of assets you can have, it can feel like you're caught in a double bind: You want to save for your future, but you also need financial support from Supplemental Security Income (SSI), Medicaid or similar programs to afford the present.
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Jan 21, 2025 | 
cnbc.com | Andreina Rodriguez
We live in a digital-dominated world that lets us manage many parts of our lives with a click of a button or a swipe on a screen — and banking is no exception. More than half of the country's consumers do most of their banking via a mobile app, according to a Morning Consult survey conducted for the American Bankers Association in October 2024. But just because you're comfortable using a big bank's digital offerings doesn't mean you're all-in on banks that exist entirely online.
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Nov 10, 2024 | 
cnbc.com | Andreina Rodriguez
Citizens Access Savings is a simple, high-yield savings account that’s easy to open and maintain. While the lack of ATM access or an in-house checking account makes withdrawing cash a little less convenient than we’d like, its minimal fees and high APY make Citizens Access Savings a good place to keep your money.
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Oct 25, 2024 | 
cnbc.com | Andreina Rodriguez
Transportation Alliance Bank (TAB) has helped truckers meet their financial needs since its founding, but you don’t need a big rig or a CB handle to take advantage of this online bank’s services. With competitive rates and personalized services, TAB Bank has a lot to offer anyone looking to park their money somewhere safe.
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Oct 19, 2024 | 
cnbc.com | Andreina Rodriguez
Personal checking accounts Wells Fargo and Bank of America offer various personal checking accounts that range from standard to more premium options. Each account differs depending on whether you're looking to store your money somewhere that charges minimal fees, or an account that earns interest for little requirements.
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Oct 10, 2024 | 
cnbc.com | Andreina Rodriguez
Flagler Credit Union is offering a limited-time 12-month CD with an impressive 10% annual percentage yield (APY) with a 12 month term & $1,000 minimum/maximum deposit. It's a great place to park some savings, but unfortunately, this credit union requires you to live in select areas of Michigan and Florida to open the account. The good news is that you have access to plenty of other CDs that could earn you even more money than the one from Flagler, provided you save with the right strategy.
