What the Fannie and Freddie Takeover Really Means
The government officially took action recently to bailout struggling mortgage giants Fannie Mae and Freddie Mac, which could mean lower mortgage rates for borrowers. Here's what else it could mean for you. Read More.
Watch Out for Rising Bank Fees!
As more and more banks fail, it's more important than ever to protect your money. Here are the top banking secrets that could be costing you BIG. Read More.
The ABC's of FDIC Insurance
With the recent bank failures, the FDIC has taken center stage. So how exactly does this insurance protect your money? We break it down in simple terms.
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Bank Fallout Continues
Here's what you need to know about the FDIC, your bank, and protecting your deposits. Read More.
Bailout Plan,
Take Two
The government recently had to step in to save IndyMac bank. If you're concerned for the safety of your money, here's how to protect your deposits. Read More.
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Child Savings AccountsWhen opening a savings account for your child, make sure their Social Security number is used as the account's tax identification number. That way, as long as your child is under age 14, interest earned will be taxed at your child's lower tax rate, not at your tax rate. This rule holds true as long as your child earns less than $1,800 a year in interest. |
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