CD interest is subject to income tax in the same year it is credited to your account. Once the money is added, Uncle Sam gets ...

Anyone who received income from investments, retirement accounts, Social Security benefits, government payments – or those who took withdrawals from 529 college savings plans or health savings ...

Form W-9 is used to obtain taxpayer information to help with informational reporting to the IRS. Form W-9 is most often used ...

When you're opening a new bank account, always check to see if you qualify for any bank account bonuses. New bank account ...

Short-term Treasury bills (T-bills) can offer similar—or better—returns with more flexibility and the same risk profile. They ...

Facing competition for business, banks are offering incentives to switch. But as one expert put it, “You have to read the ...

Before you merge finances with a loved one, consider these pros and cons of joint bank accounts — and whether they’re the ...

The U.S. Treasury also offers a short-term security that is like the T-bill called a cash management bill (CMB). The main ...

Interest earned on savings accounts is considered taxable income. Banks usually provide you with a Form 1099-INT if your interest income is $10 or more in a year. You must report this income on your ...

Certificates of deposit (CDs) generally pay compound interest, which is factored into their annual percentage yield (APY).

Capital One is offering a $250 bonus when you open a new 360 Checking account after Aug. 22, 2024. You aren’t eligible for the bonus if you already have or have opened a 360 Checking, Simply Checking, ...

Zero-coupon CDs can be safe investments that offer competitive returns, although they differ from regular CDs in how they’re bought and how they pay out. Ashley Donohoe is a personal finance writer ...