by this Is MoneyUPDATED: 09:25 EST, 11 November 2011 There are so many options now available to savers that it is difficult to know where to begin. What sort of savings account is best for you depends upon several factors – for example, how long you can tie your cash up for, how quickly...

A new study suggests nearly half of young Canadians want to retire early, but few have begun saving enough for it. The Bank of Montreal report found that 41 per cent of those surveyed — aged 18 to 34 — expect to stop working before they hit 60 years old. About 57 per...

It might be humorous that the “CD guy” is writing about the possible extinction of certificates of deposit, but I like a good challenge and debunking generalizations. no, I don’t believe CDs will ever be obsolete, and for a few important reasons (I will, of course, do my best to...

Ring in the holidays this year with a more robust shopping budget. Augusta Health Care Credit Union in Fishersville, VA is here to help you get more for your dollar with a high deposit rate of 0.75% APY. the best savings account is the one that lets you do more of the things you love to do,...

Doing the math, $550,000 is about what the person who retired earning the average median household income should have saved, based on advice from a recent study by the human resources firm Aon Hewitt. To figure your specific situation, multiply what you expect to earn in your final working year times 11. That’s the figure Aon Hewitt says you’ll need to get through retirement beginning at age...

The United States Postal Service (USPS) is in dire financial straits — and the solution will involve painful restructuring. the reason: like many large, once successful organizations, the USPS failed to adapt to sweeping technological changes that have altered how Americans do everything...

27 June 2012 last updated at 01:03 ET Share this page former councillor Adrian Fudge has accused Bournemouth council of "playing with public money" Bournemouth council has reduced its £120m saving prediction by a third, less than a year after implementing their transformation programme. The council forecast a £119.562m saving over five years but has now reduced the figure...

DES MOINES, IA (06/21/2012)(readMedia)– State Treasurer Michael L. Fitzgerald awarded a $529 College Savings Iowa account to a Davenport child today as part of the program’s Daycare Giveaway. Zoe Mink, who attends Risen Christ Little Blessing daycare, was entered in the giveaway by her dad, Gregg, who learned of the program from the childcare provider. “Zoe may not be ready to pick a...

There’s been a lot of speculation about whether Health Savings Accounts will retain the popularity they’ve enjoyed once health care reform reshapes how we get health care. Despite a couple of changes, these accounts have remained largely the same as they were pre-reform. The penalty for spending Health Savings Account...

Touted as important reform that would help reduce the growth of health care costs and increase the efficiency of the health care system, Congress established Heath Savings Accounts (HSAs) as a tax shelter under the IRS code in 2003.  They were part of the Medicare Prescription Drug, Improvement, and Modernization Act and developed to...