Key takeaways Community banks are locally-owned institutions with less than $10 billion in assets that focus on serving specific neighborhoods and building customer relationships. Community…
Photography by Getty Images Key takeaways When comparing the Discover it® Secured Credit Card vs. Capital One Platinum Secured Credit Card, the best option comes down to whether you have a limited budget and need…
You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout life’s financial journey. Bankrate follows a strict editorial policy, so you can trust that…
Key takeaways CD investing offers a guaranteed return. When CDs are issued from federally insured banks and credit unions, your money is protected, up to a certain amount, should the financial institution fail. If you want access to your money right away, or you only have a little bit of…
Financial planners often recommend aiming for roughly three times your annual salary in retirement savings by the time you reach 45. At the same time, your mid-forties are a turning point when compounding can still work in your favor. The decisions you make now, whether you’re on track or catching…
By age 55, you’re about a decade away from retirement. Many financial experts suggest having seven to eight times your annual salary saved by this age if you want to maintain a comfortable retirement. By 55 you still have time to benefit from compounding and catch-up contributions, but not much.…
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General Motors has recalled more than 23,000 Chevrolet Corvettes in response to a fuel leak issue linked to multiple reported fires, according to the National Highway Traffic Safety Administration. The recall was initiated after officials…
