The IRS treats interest earned on money in a savings account as taxable income. Your financial institution issues a 1099 form if you earned at least $10 in interest in the previous tax year.

UK savers have been urged to check HMRC rules, as a ‘significant’ portion will soon face tax bills due to rising interest ...

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’.

Whenever anyone thinks about a 401(k), there’s a pretty good chance it’s widely mentioned as one of the best retirement ...

70% of UK adults would prefer to save for the future or pay off existing debt, should they receive a surprise £5,000. This ...

Employers added 143,000 jobs in January amid LA wildfires, cold weather, uncertainty over President Donald Trump's trade, ...

Two senior citizens suffered losses totalling over RM5 million after falling victim to non-existent investment schemes ...

The state faces a nearly $200 million deficit to maintain essentially status-quo spending, leaving lawmakers with hard ...

According to the U.S. Bureau of Labor Statistics, 30% of private-sector workers do not have access to a defined-contribution ...

A new report finds that people are spending more on their cards and paying down less. Financial experts offer tips for ...

At a Feb. 4 meeting, Sugar Land City Council adopted the city’s 2025-27 strategic plan, which aims to guide decision-making ...