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Bankrate on MSNWhat is a savings account? Definition, how it worksSavings accounts are available mainly at federally-insured banks and credit unions, providing a secure means to store your ...
Savings accounts, by definition, are variable-rate accounts, meaning the bank or credit union can change your interest rate anytime it wants—and without warning. So it's an unusual opportunity ...
High-yield savings accounts: definition and purpose A high-yield savings account is a type of savings account that gives you easy access to your money. You can set up electronic transfers online ...
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A 401(k) is a workplace-sponsored retirement savings account that allows an employee to passively invest out of each paycheck on a tax-deferred basis, sometimes with matching contributions from ...
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