In today's financial landscape, relying exclusively on savings accounts can be a costly mistake. While they offer security, the real value of your money diminishes over time due to inflation.

The IRS views interest on a savings account as earned income, whether it's $1 or $1,000. So, if you received interest on a ...

Tariffs, inflation and a looming recession make it more important than ever to keep up with your savings goals.

Explore the benefits of savings bonds in personal finance, like retirement planning and education funding. Learn about ...

The best online savings accounts have high interest rates and low or no fees. These bank accounts are offered by virtual, online-only banks. Many or all of the products featured here are from our ...

The accounts with an annual percentage yield (APY) several times the national average rate receive the highest scores. Accounts with the lowest APY offering (under 1%) earn the least points.

Currently Managing Director of Motley Fool Money, Brendan has worked full-time for The Motley Fool since 2011. He has written hundreds of articles for The Motley Fool and provided analysis on TV ...

Commissions do not affect our editors' opinions or evaluations. The best no-fee savings accounts have no monthly maintenance fee and offer beneficial features that help customers manage and ...

When it comes to stashing saved money, most people turn to a traditional savings account. While a savings account can be a great option for storing money in a safe and accessible place ...

The number of bank accounts you should have depends on your financial needs, though it's common to have at least a savings account and a checking account. Having multiple bank accounts can help ...

If you want to teach your children financial literacy, kids' savings accounts can be a great tool. Savings accounts for kids and teens can help children learn how to build savings goals and start ...

significantly higher than the national average and one of the best high-yield savings accounts. You’ll also avoid minimum deposit requirements and monthly fees, though there is no checking ...