Safety: Money kept in a savings account at an FDIC-insured bank or an NCUA-insured credit union is insured for up to $250,000 per account owner, per financial institution, per ownership category ...

A high-yield savings account pays significantly more interest than traditional savings accounts — currently up to 10 times the national average. These accounts are typically offered by online ...

Desjardins Economic Studies found that 49 percent of Quebec households fall within the bottom 40 percent of the national ...

Average retirement savings: mean vs median When there are wide variations in income and savings within a given group, as is the case in the U.S., it's essential to look at both kinds of averages ...

Using a tax-advantaged account such as a 401 (k) or IRA can protect against taxes eating away at the value of retirement savings, meaning you may be able to save less.

The average APY on savings accounts is just 0.57 percent, but you can find high-yield savings accounts paying more than 5 percent.