A savings account is a type of deposit account at a bank, credit union or other financial institution that earns interest. Savings accounts are typically used to achieve short-term financial goals, such as making a down payment on a home or to build an ...

There's a lot of economic uncertainty these days. The stock market is volatile, proposed economic policies threaten to send consumer prices higher and stubborn inflation has remained above the Federal Reserve's goal of 2%. Because of this, the Fed has ...

Leaving your money sitting in a savings account might seem safe, but it can quietly lose value, miss out on growth—or even risk being turned over to the state.

What are Trump accounts, and how do they differ from other savings plans, such as 529 plans? Your Money Matters host Dave Davis spoke with Josh Herlan, CEO and founder of FutureU, about how the new federal savings program could affect Oklahoma children and families.

A new legislative proposal could soon give every American access to a flexible, tax-free way to build financial security. The Universal Savings Account (USA) Act, introduced this month in both chambers of Congress, aims to create a new class of savings ...

Having a savings account as a teenager can help young people get into the habit of saving money. Even if an account is opened with a very small amount, your teen’s money can grow as they add funds over time and earn compound interest. What’s more ...