Archive for January, 2010

will i have to pay taxes on a large deposit into my savings account?

Sunday, January 31st, 2010

sackingsfan24_7 asked: Im holding money for somebody else that doesnt have a bank account, and since it was a large sum…$11,500, i just put it into my savings account. Will i get hit by the irs at the end of the year?Zandra Guillerault

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How to deposit cash into checking/savings account?

Sunday, January 31st, 2010

EnTorres asked: I have searched and people suggest not to deposit it into a machine because it might read the wrong amount you put in. How do you deposit cash into a checking/savings account? Do I have to talk to those guys behind the glass windows/counters? Sorry for asking such a stupid question. I’m new [...]

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How much taxes will i pay for certificate of deposit?Is savings account with 5% APR more reasonable than CD?

Friday, January 29th, 2010

Svet asked: Does anyone know how much taxes are charged for having CD?Is it better to have savings account with 5 % APR?Is savings account taxable?Is it safer to open CD at a bank than online?Carmelina Amsdell

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What’s a good interest rate for a savings account?

Wednesday, January 27th, 2010

Je t’aime Paris asked: What’s considered a good interest rate for opening a regular savings account with the bank?Louise Suns

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What kind of savings account should my fiance and I open and with what bank?

Tuesday, January 26th, 2010

Matthew asked: I’m engaged and want to open a joint savings account with my fiance. I currently use CHASE and am pretty happy with it (I like the whole deposit whenever 24/7 without slips thing). Any suggestions?Renata Racette

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Why doesn’t my bank report my checking account and/or savings account to any of the credit bureaus?

Monday, January 25th, 2010

Nimz asked: I have had a savings and a checking account with JPMorgan Chase Bank for a while, why hasn’t the bank reported my accounts to Trans-Union, Experian or Equifax? What can I do to make the bank report this information?Scotty Digiambattist

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Can you deposit funds into a savings account that is on hold?

Monday, January 25th, 2010

Boricua24 asked: ok thisi s like one of those multiple questions so embrace and stand back.
1. Can you deposit funds into an account that is on hold?
2. Can you deposit funds electronically into a savings account?
3. Do all banks allow that? B.O.A?
4. How long does it take for the funds to clear.?Cristy Nassimi

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Can two people who are not married or related open up a savings account at a credit union?

Sunday, January 24th, 2010

Alex_357 asked: Me and my fiance want to open up a savings account at a credit union together before we get married do banks allow people to do this?Maxie Stanko

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Where is a good place to save your money for a down payment for a home besides using a regular savings account?

Sunday, January 24th, 2010

chicken2008 asked: I need something that is easy to make deposits from a checking account and has more interest than just a regular bank savings account.Jutta Train

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Can I open a Health Savings Account on my own?

Saturday, January 23rd, 2010

healthstudent1 asked: My employer doesn’t offer a Health Savings Account as part of our benefits package, so is there a way for me to open one on my own?Carey Skweres

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