Certificates of deposit (CDs) are commonly used for short-term savings goals while individual retirement accounts (IRAs), as the name implies, are designed for retirement savings. A CD is a time-bound deposit account enabling you to save at a fixed interest rate with the added protection of Federal Deposit Insurance Corporation (FDIC) insurance. IRAs are tax-advantaged … Read more
Discover® is best known for its lineup of rewards credit cards, which are some of the best in the business. But did you also know that you can earn high interest, and even cash back rewards, on deposit accounts at Discover® Bank? Discover® Bank doesn’t pay the highest rates on any particular account. But what … Read more
Many college students don’t have much extra money, so they tend to forgo opening things like savings accounts. However, there’s never a better time to establish healthy savings habits than when you’re just starting out. To help you find the right account, we’ve dug through dozens of student savings accounts and picked out the best … Read more
The Roth IRA offers yet another way to save for retirement. Annual contribution limits of $7,000 will apply ($8,000 if you’re 50 or older) across all IRA accounts in 2024 and 2025, and income caps also limit who can contribute. That said, these accounts offer significant tax advantages for those who can use them as … Read more
A backdoor Roth IRA is a way for those who earn too much to contribute directly to a Roth IRA to still fund a Roth IRA indirectly. The backdoor Roth generally starts with an after-tax contribution to a traditional IRA, followed by a conversion to a Roth IRA. How does a backdoor Roth work? First, … Read more
updated: November 21, 2024 Visa is one of the largest credit card networks in the world. So, it’s no surprise that there are millions of Visa-branded cards— from cash back reward cards to travel credit cards—to choose from. When scoping out your options, you should know about the benefits of each. Most credit card issuers … Read more
The no-annual-fee card_name is unlike any credit card you’ve ever seen. In fact, it’s not a credit card—not really. It’s more of a credit card/personal loan hybrid. That makes for some neat features (and some annoying ones, too). Upgrade Cash Rewards Visa® Credit score credit_score_needed Welcome offer bonus_miles_full Pros: Solid return rate for all purchases … Read more
Miles earned in the United MileagePlus program are worth approximately 1.2 cents each, although the value you actually get will depend on how you redeem them. This average value per mile was calculated based on the costs of multiple award flights booked in different cabins, with different itineraries, and on a range of travel dates. … Read more
United Airlines is one of the largest airlines in the world, flying to every continent aside from Antarctica. Given the volume of its flights, United has brought in many loyal customers over the years. Those loyal customers often want a credit card to book their flights, and the card_name is a clear option. However, with … Read more
If you’re looking for a way to maximize your savings deposits, certificates of deposits (CDs) could be a good option. Online banks and credit unions often offer better returns on CDs than other savings products. Two-year CDs are considered long-term CDs. And while they require you to lock up your money for a couple of … Read more