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Today’s top money market account rate roundup…

Money market accounts (MMAs) offer a middle ground for savers searching for higher interest rates ... account while having access to a debit card and check-writing, all with FDIC insurance up to ... read more

Biden issues new rule to crack down on bad retirement advice

The Labor Department on Tuesday finalized a rule that aims to crack down on retirement advice given by financial advisers, brokers and insurance agents. read more

Wealthy savers could be hit by minor tweak to the way their money is insured at banks- are YOU affected?

Typically, all bank deposits up to $250,000 are covered by the Federal Deposit Insurance Corporation (FDIC ... insured banks to ensure the coverage. Savers can also open a joint account for ... read more

Should You Bother Buying Life Insurance Once You Turn 50?

By age 50, you may be looking ahead toward retirement. But that doesn't mean you can't benefit from life insurance. Read on to learn more. read more

Some of the rules that protect wealthy savers' bank deposits just changed. Here's what to know

Bank customers with trust accounts may see their FDIC insurance coverage limits lowered under new changes. Here's what to know. read more

3 things to do if interest rate cuts are delayed, according to experts

Now, borrowers looking forward to reduced interest rates may have to wait before any anticipated rate cuts occur. But while borrowers may exhale in frustration, savers may sigh in relief. The longer ... read more

Sweep Accounts: What They Are and How to Open One

Sweep accounts automatically steer cash into bank or brokerage money market accounts that can earn ample interest at the close of each business day. Instead of earning zero dollars, a sweep account ... read more

Cash savers still have an opportunity to beat inflation amid cloudy forecast for interest rate cuts

all paying high rates. Series I bonds have become a better deal, though not as many people are paying attention to them, McBride said. When I bonds were at 9.6%, they were just reimbursing savers for ... read more

Major insurance firm launches simple way for 2.8million Brits to find up to £10k in lost savings for retirement

SAVERS who have lost track of retirement pots can use a simple tool to locate their nest egg. There are a record number of ‘lost pensions’ worth a staggering £26.6bn sitting in inactive accounts, ... read more

Key Investor Lessons From The New Department Of Labor Fiduciary Rule

The new DOL rule expands the definition of investment advice under ERISA. It is designed to provide additional protections to investor retirement accounts. read more

Why All Financial Professionals Should Support The Overturning Of The DOL's Fiduciary Rule

All constrained investors share an absolute ... DOLs preference for fee-based compensation costs retirement savers more money than they would pay when purchasing annuities from commission-based ... read more
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