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 Money Crashers, The College Investor, Moneywise a..

BOSTON--(BUSINESS WIRE)--Santander Bank, N.A. (“Santander Bank”) today announced the results of a new survey that found while nearly eight in 10 consumers (78%) say saving is a high priority, seven in 10 (69%) do not use higher-rate accounts — such ...

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. Start ...

Natalie Campisi is a senior journalist who covers personal finance, balancing timely news with in-depth enterprise reporting. Her mission is to make complex financial issues clear and accessible for people of all backgrounds, helping them understand..

We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. Savings accounts are offered by traditional banks, credit unions and online banks.