The IRS treats interest earned on money in a savings account as taxable income. Your financial institution issues a 1099 form if you earned at least $10 in interest in the previous tax year.

Tesla CEO Elon Musk is no stranger to eye-popping sums of money. After all, he currently holds the title of the world’s ...

Read Less Looking for a high interest savings account? Fixed rate savings accounts – also known as fixed rate bonds – offer top returns but require saver to lock away their cash away for a set ...

Opening a savings account is also a great way of teaching children about money and encouraging good savings habits. Children’s accounts with best returns are far from ‘one-size-fits-all’.

SoFi®'s checking and savings combo offers an impressive APY and $0 monthly fee, making it a top choice for anyone who doesn’t mind sacrificing in-person banking.

Voya Financial (NYSE:VOYA – Free Report) had its price target lowered by Keefe, Bruyette & Woods from $90.00 to $84.00 in a research report report published on Wednesday,Benzinga reports. Keefe, ...

Does the average person really need a financial advisor? The common perception is that financial advisors are for wealth people. Here we explore the pros and cons of financial advisors for regular ...

From thinking investing is like gambling to believing that cash is safer than stocks, these are some of the most persistent ...