A callable certificate of deposit is one that is offered by banks at a higher rate of interest than the prevailing interest rate. But there is a reason why the bank makes such a high offer on the interest rate for a callable certificate. The reason is that the bank has complete control over when the certificate can be revoked.  …

Health savings accounts are a good way to avoid paying hefty taxes on your hard earned income. The full one hundred percent of the deposit that you put in the health savings account is deductible on the federal income taxes. Only four states in the United States do not make HSA contributions tax deductible on state income taxes. The rest …

A certificate of deposit is the best way to get the maximum interest rate out of your money with the least possible risk. But the downside with a certificate of deposit is that it will lock up your money for a long period of time. And if you have to access it during that period, you will have to pay …

A certificate of deposit is a time deposit. CD’s are a risk free investment option that is offered by many banks, credit unions and even other financial institutions. CD’s are also insured and hence you need not worry about losing out on your investment. They are insured by the FDIC when offered by banks and by the NCUA when offered …

A checking account is very much necessary for both private individuals as well as people who are running a business. But before you open an account and start running it, you will need to ensure that you do not end up in debt. There are a few common mistakes that you can avoid at the beginning itself to save your …

A certificate of deposit is a cash product that will allow you to derive a fixed rate of return over a certain time period. Certificates of deposits offer a much higher rate of return than a conventional savings account and hence they will allow you to preserve your cash while enjoying a larger rate of return then normal. But when …

Money market mutual funds are investment options that are short term in nature. They are very liquid and hence are very safe. They are comparable to Treasury bills, government securities, deposit certificates and commercial papers. Hence they are widely promulgated as a good investment option for people who want good returns on low risk investments. The good thing about a …

Money market funds have historically been known to be safe and high return investment options in an otherwise unpredictable financial environment. But with changing times, the global economic market has taken a serious beating and even money market funds have become unpredictable. Recently the reserve market fund which is a huge and widely respected fund announced that its customers would …

A jumbo certificate of deposit is the best option you can go for if you are looking at making the most out of your investment. It is something that will give you high returns for a very low investment. And we are talking about high investments in the range of a couple of million dollars or so. But the returns …

Jumbo CD rates are the kind of investments which a large investor would look for when in search of high interest rates from a secured and reliable venue. Regular CD’s are very appealing because of the way that they are set up. But jumbo CD’s are even more attractive because of the high interest rates that you can derive out …