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Julian Knight: The banks want your savings. So don't ask for them back (Independent) Choosing the right savings account isn't just about going for the best headline rate. It's always advisable to check the small print for hidden nasties, which could take a great big bite out of any interest you earn on your money. This is the conclusion of the research firm Defaqto, which has looked at the 50 highest-paying instant access savings accounts available in the UK. Thrift Savings Plan Helps Federal Workers Retire (Investopedia via Yahoo! Finance) The TSP is key component of retirement savings for U.S. government workers and members of uniformed services. Sept. will be 'College Savings Month' (Fremont News-Messenger) Governor Ted Strickland has joined with the Ohio Tuition Trust Authority to declare September "College Savings Month" in Ohio. Bank rates (Detroit Free Press) Major Michigan financial institutions were surveyed last week to determine the interest rates they charge for loans, and APYs they pay for savings deposits. Rates were quoted as of Friday. Saving accounts range grows (BBC News) More savings accounts with interest matching or topping the base rate are available than in previous years. Savings a/cs must for NREGA wage payments (Express India) In a bid to stop delays and irregularities in wage payment under the mega NREGA, the Centre made it compulsory for the states to pay wages through savings bank accounts of all the 3 crore workers. Avoid account inactivity for extended periods (San Jose Mercury News) When Valorie Golin went to visit her parents in March, the first thing she did was get into their bank accounts. Golin had no larcenous intent. Quite the opposite. The 32-year-old banker was trying to keep the state of Pennsylvania from seizing her parents' savings. Why they're are having a lend of you (News Interactive) JUST when you thought it was safe to put your money in the bank, analysis conducted for The Sunday Telegraph has revealed savings accounts lose money, if tax and inflation are taken into account. Kathy Kristof: Keep accounts active to avoid forfeiting assets (Arizona Daily Star) When Valorie Golin went to visit her parents in March, the first thing she did was get into their bank accounts. Kristof: Keep your accounts active or your assets may vanish (Fort Worth Star-Telegram) Most states can seize assets from dormant accounts. |
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