If you earned at least $1 from a savings account in the last year you'll need to report that amount on your federal taxes.

Explore PenFed CD rates. PenFed is a credit union that permits anyone in the United States to open CDs. Explore CD options ...

Read Less Looking for a high interest savings account? Fixed rate savings accounts – also known as fixed rate bonds – offer top returns but require saver to lock away their cash away for a set ...

Opening a savings account is also a great way of teaching children about money and encouraging good savings habits. Children’s accounts with best returns are far from ‘one-size-fits-all’.