Elizabeth Gravier

New York

Senior Personal Finance Reporter at CNBC Select

Senior Personal Finance Reporter @CNBCSelect. @nyu_journalism and @NewhouseSU alum. Previously @CNBCMakeIt, @CBSNews, @LABJnews, @CSQMag.

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Articles

These 3 robo-advisors will match your IRA contribution up to 3%

2 weeks ago | cnbc.com | Elizabeth Gravier

Robo-advisors are going beyond the typical welcome bonus for new account holders — you can now earn a match on your IRA contributions up to 3%. On a one-time contribution of $5,000, for example, a 3% match would mean an extra $150 into your account. A match is great any time of the year, but it's particularly helpful if you haven't filed your taxes yet. Funds contributed to your traditional IRA before this year's tax deadline can lower your 2024 taxable income because they are tax deductible.
Best Commission-Free Stock Trading Platforms 2025

1 month ago | cnbc.com | Elizabeth Gravier |Sarah Cain

These top stock-trading platforms don't charge commission fees.
The most common types of bankruptcy and what alternatives to consider

Dec 6, 2024 | cnbc.com | Elizabeth Gravier

If you've ever found yourself over your head with unpaid bills and mounting debt, you may have considered declaring bankruptcy at some point. But before you think this will wash away all your money worries, understand that bankruptcy is a serious legal procedure that will have major consequences for your finances. Here's a broad overview of the two most common types (or "chapters) of bankruptcy you can declare as an individual, as well as some less drastic alternatives to consider.
Here's Where To Put Your Money When Having A Baby

Nov 20, 2024 | cnbc.com | Elizabeth Gravier

Calling soon-to-be parents “expecting” is almost a cruel joke considering how many unknowns come with a new addition to the family. But a few truths are almost guaranteed — parenthood is magical, memorable and extremely expensive. A 2023 analysis by the nonprofit Child Care Aware of America found that the national average annual cost of child care alone was $11,582, which is roughly 10% of the median income for a married couple with children.
Axos ONE savings and checking bundle review: Earn an above-average APY, plus more

Nov 6, 2024 | cnbc.com | Elizabeth Gravier

Axos Bank® is a Member FDIC. Terms apply. Compare savings accountsWhat’s Axos ONE? Axos ONE is asavings and checking bundle where you can deposit your cash, earn interest, withdraw from an ATM, transfer money and more all from bank’s mobile app. Key featuresThere are a few features that make Axos ONE stand out.
Jenius Bank review: A simple and straightforward digital option with a high APY

Nov 5, 2024 | cnbc.com | Elizabeth Gravier

New to the market as of July 2023, Jenius Bank™ has quickly become a popular digital banking option for those who want access to a high-yield savings account or a personal loan. Below, we dive into what makes Jenius Bank stand out and who it's best for. Jenius Bank™ is a Member FDIC. Terms apply. Compare savings accountsWhat's Jenius Bank? Jenius Bank is an online-only bank, meaning it has no physical branches.
The 401(k) and IRA contribution limits for 2025: Here's how much you can save

Nov 1, 2024 | cnbc.com | Elizabeth Gravier

The IRS has announced the 2025 contribution limits for 401(k) and IRAs. Employees can defer $23,500 into workplace plans, a modest increase from $23,000 in 2024. The change applies to 401(k)s, 403(b)s and the majority of 457 plans, as well as the federal Thrift Savings Plan. The limit on annual contributions to an IRA, however, remains $7,000 — the same as in 2024. The IRS on contributions to both workplace and individual retirement plans that fluctuate to keep up with inflation.
Wealthfront Cash Account review — earn this account's high APY without investing in a single security

Oct 8, 2024 | cnbc.com | Elizabeth Gravier

Wealthfront may be best known as a robo-advisor, but don't sleep on its Wealthfront Cash Account. A cash management account is a type of brokerage account that also offers checking and savings features — think of it as a one-stop shop for all your investing and banking needs.
Best No-Penalty CD Rates For October 2024

Oct 1, 2024 | cnbc.com | Elizabeth Gravier

Editor’s Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. CNBC Select will update as changes are made public. A no-penalty CD, also known as a penalty-free CD or a liquid CD, is a type of certificate of deposit that allows you to lock in a good savings rate without having to lock up your money. CDs are a popular savings option because their above-average interest rates are fixed for a certain period.
How to Save Money For A House

Aug 30, 2024 | cnbc.com | Elizabeth Gravier

CNBC Select spoke with certified financial planners about where first-time homeowners to-be should put their money when saving for a down payment on a home.