Expertise: Personal finance, deposit and investment accounts, registered investment advisor firms, Federal Reserve policy Education: DePauw University
Becca Stanek is a former managing editor at MagnifyMoney. She has worked as an editor and writer in the personal finance space since 2017, with a focus on investing, retirement and financial advisors. Prior to joining MagnifyMoney, she was an editor at SmartAsset and a staff writer at The Week.
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Becca Stanek is a former managing editor at MagnifyMoney. She has worked as an editor and writer in the personal finance space since 2017, with a focus on investing, retirement and financial advisors. Prior to joining MagnifyMoney, she was an editor at SmartAsset and a staff writer at The Week. Her work has also appeared in Time, The Washington Monthly, Mic and The Oregonian.
CDs, or certificates of deposit, work under an easy-to-understand premise: You agree to place your money with a bank or credit union for a set amount of time, during which it will earn interest. At the end of the period, you get your money back plus a nice chunk of ... Read More
Are you looking to start or grow a business? Opening a business savings account can offer federal protection for the funds you deposit (up to $250,000) and provide a source of liquidity should inevitable expenses arise. You can earn interest while setting aside money for capital improvement or income taxes. ... Read More
You can get an individual retirement account (IRA) certificate of deposit (CD) with terms ranging from three months to more than six years, with interest rates generally increasing with the term length. There are lots of options, so we’ve rounded up the top IRA CD rates that are available right ... Read More
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