The new tax law establishes "Trump accounts" for kids to help pay for college or other expenses. Experts say the accounts ...

I switched to a high-yield savings account and started earning real money on my cash. Here's why you should too while rates are still high.

Savers should carefully weigh the pros and cons of high-yield savings accounts this July before starting. /iStockphoto . If ...

If you have $30,000, and you add $1,000 to your savings account each month, at the end of the year, compounded daily, the difference between 3.70% APY and 4.50% APY is $1,336.65 vs. $1,631.83 ...

A child’s savings account almost always offers a tax advantage—and if you shop around, it could also earn a much higher APY ...

The best savings accounts for teenagers offer some common features: High APY: The annual percentage yield (APY) of an account is its rate of return, factoring in the effect of compound interest. The ...

The Treasury-backed bank has launched new two, three and five-year bonds, and changed the rate on its Junior Isa. Are they any good?

For example, if you have $5,000 and contribute $250 a month in a savings account yielding 3.85% and compounded daily, your total interest earned at the end of the year is $249.83.