A savings account is one of the basic financial accounts offered by banks and credit unions. It’s an account that everyone should have. These accounts help you save for goals or potential emergencies, ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

Tom Blake is a full-time finance writer and blogger who specializes in covering the banking industry, side hustles and ways to make and save more money. His work has been featured in publications like ...

Last week, the Federal Reserve implemented a 0.25% increase in interest rates, marking the 10th consecutive rate hike since March 2022. This adjustment establishes the Fed's benchmark rate at 5% to ...

Money market accounts act as hybrids of checking and savings accounts Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff senior personal finance editor for Buy Side. Edited ...

You may be familiar with sharing a joint credit card or checking account, but is it a good idea to do the same with a brokerage account for investing? When opening a brokerage account, you will see a ...

Learn what a cash management account is and the benefits it offers Dejan Marjanovic / Getty Images Chances are that you’ve encountered cash management account (CMA) offers from your online broker or ...

Demand deposit accounts (DDAs) are the most common type of bank account. Many people don’t realize it, but a checking account is a DDA. The reason for its name is that the bank is required to allow ...

Brooklyn Sprunger is a full-time Content Manager and Personal Finance Writer at Motley Fool Money, where she oversees product reviews and ratings while also writing about credit cards, bank accounts, ...

While yields continue to gradually decline despite the Federal Reserve holding its benchmark rate steady since December 2024, money market accounts (MMAs) still offer competitive returns. They remain ...

A demand deposit account, or DDA, is a type of bank account that you can withdraw from on demand. The most common types of DDAs are checking and savings accounts, but money market accounts are also ...