A Money Market Account is similar to a Checking Account however it pays a higher interest rate as long as you maintain a minimum balance of $1,000. If your Checking Account typically has a balance over $2,500 you may want to consider opening a Money Market Account to earn interest.

You can open a Money Market Account with an initial deposit of $2,500. As long as your balance stays over $1,000 you’ll continue to receive interest on your funds. There are no monthly service fees unless your account balance drops below $500.

A Money Market Account is not the type of account you pay your daily bills from. It’s designed as a way to keep a sizeable amount of savings available so you can write a sizeable check at any time.

Money Market Account Features

Budgeting Your Savings

It’s essential that you have good budgeting habits to increase your savings. Whether you’re budgeting and saving for a one-time event like a wedding, saving for a major life change like having a baby, or getting better at managing daily spending and saving in general, this eBook will help!

Full of budget templates and tips about creating a budget and tricks for sticking to it, this guide is essential for your future saving goals. With some organization and a good plan, you’ll be adding deposits to your Savings Account regularly.

The Impact of Taxes in Retirement

[BLOG POST] A recent Nationwide Retirement Institute survey finds nearly two in five retirees (37 percent) admit they did not consider how taxes would affect their retirement income when planning for retirement.

As a result, they may have lost the opportunity to save an additional six years' worth of income in retirement. Read more...