Report: Americans struggling with emergency savings
Nearly six in 10 U.S. adults are uncomfortable with their level of emergency savings, according to the Bankrate poll
Tag: Savings accounts
CFPB claims ‘complex’ pricing drives up cost of financial products
The CFPB published research alleging that when financial institutions attach “complex” pricing conditions to products such as credit cards and ...
Survey: Americans having trouble building up emergency savings
More than half of Americans wouldn’t pull money from their savings accounts to cover an emergency expense of $1,000 or ...
Labor Department issues FAQ on pension-linked emergency savings accounts
The Department of Labor published an FAQ regarding pension-linked emergency savings accounts, or PLESAs, which were mandated by the 2022 ...
Poll: Many Americans do not feel financially stable
More than two in five Americans say they do not feel financially stable, with nearly one-third saying they have less ...
Survey: Many Americans missed savings goals in 2022
U.S. adults sought to save an average of $5,437 in 2022 but ultimately saved $5,011 on average, according to a ...
Poll: Americans saving money for emergencies, travel
Most Americans say they are continuing to save even as inflation chips away at their earnings, according to a recent ...
Stewart: Rising rates hit borrowers but bring ‘real money’ for savers
While borrowers are getting pinched by rising interest rates, senior savers are seeing meaningful returns for the first time in ...
Fed analysis: Pandemic savings boom could be fueling inflation
A dramatic increase in the rate of personal savings during the COVID-19 pandemic—driven in part by federal stimulus—may have contributed ...
J.D. Power survey: Direct banks grow popularity through customer service
As more of our lives continue to shift to digitally based providers, direct banks are in a position to gain ...
