Say that you have a savings account that yields 2% APR. The bank pays interest quarterly. How do they figure out what to pay each quarter? Esp. if a deposit is made to the account weekly?
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Do I Need To Report My Savings Interest To My Income Tax?
The money i receive from a high interest savings account, do i have to report that as “earned money” to the government?
What Are The Disadvantages Of Getting A 0% Interest For A Year Loan And Putting That Into A Savings Account?
I got a thing in the mail saying I could get a $5000 loan (with a 3% charger per transaction) for 0% interest for a year. Can I just put that into a high interest savings account and then when the year is up pay off the loan and keep the interest earned? Seems like [...]
Which Savings Account Offers The Highest Interest Rate?
I live in Japan and would really like to start putting away money for the future. I don’t want to invest in stocks or bonds but a long term savings account sounds ok. Any advice on banks and the different types of savings accounts? I’d really like to know about special accounts as well for [...]
Why Does A Savings Glut Lower Interest Rates?
With increased savings rather than investment, how does this lower interest rates? I always though interest rates were set by the central bank (Bank of England or FED etc)?
Why Does The Irs Tax The Interest You Earn On Savings?
Why should I bother putting $1000 into a standard savings account at 2% interest to make a measly $20 at the end of the year, of which I have to pay 15% or more in taxes? Why can’t they leave their hands off your money and encourage more people to save?
I Would Like To Open A Savings Account For My 3 Month Old Son. Are Their Tax Implications On Interest Earned?
I want to open a Bank of America account linked to mine, but he would then have a high interest account (emigrant direct) linked so he could earn 5% on his savings. This is in addition to a 529 I am going to open for him, but gifts made to him personally would go to [...]
What Bank In The Chicago Land Area Has The Best Interest Rate For A Minor's Savings Account?
I am going to open a saving account for my nephew and was going to go through Fifth Third bank. I use Fifth Third personally but they only offer 0.10% interest on their Minor’s Savings Accounts. Are there any banks out there that give you more then that?
Does A Savings Bond Accure Interest Monthly Or Only At Maturity?
Lets say I want to put 100 dollars in a 7 month savings bond @ 4.28 the current rate. With monthly accumulating intrest you gain 34.09. If you take 100*.0428 you gain only 29.96. On a small scale its only 4.13 difference on a large scale it could be much more!!! While its maturing will [...]
printing money to make the stock market go higher screw the swine flu and cap and trade
go much higher … unemployment recession cnbc economy rebound jobless recovery stock market GDP shrinks cap and trade dollars swine flu france dow jones consumer debt spending durable good orders gov data manufacturing construction banking america china auto chrysler bankrupt gold irs credit cards interest rates savings rate treasury bonds national default cost billions tax [...]
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