Health Savings Account-Health Savings Account Info

t asked:


I have a couple grand that I would like to put into a savings type account and earn some interest from. I only want to put it in a saving type of account for a year. What would be the best type of account to put it in to get the best interest return? When I take it out after a year, will I get taxed on it ?

Paul Watford

callie asked:


I have a savings account in a bank under my name but I’m a minor so technically its under my parents control right now. Once I turn 18 will the account become mine only?

Glory Mcdade

Andrew R asked:


I am looking to save up for a house, and would like to open a savings account. Any advice?

Ivory Flaming

Yeah asked:


I want to open a savings account separate from my checking account to earn a higher interest rate. I keep reading about “money market accounts.” What is the different between a savings account and a money market account? What are the advantages/disadvantages to having either one? Thank you!
By the way, I do plan on meeting with a banker as soon as the holidays slow down to better discuss my options.
I just wanted to see if anyone could offer any quick info or help on here in the meantime!

Pauline Tuller

umair23 asked:


Wanting to open a savings account, what interest rate is a good rate. Is there a specific time in the year one should open an account, spring time or summer or right before new years??

Roman Merrion

Entidine asked:


I had about $6,000 in a savings account last year and it earned about $12 in interest. That’s only about two-tenths of a percent. Is that right? I thought savings accounts earned 3% on average. 3% of $6,000 is $180. What gives?

Len Ulseth

Laurie asked:


What is the difference between a current account and a savings account?

Lemuel Jacquet

Pretty Perfect asked:


I’m fairly new to banking, I just got a student banking account with them yesterday and I don’t understand the concept with a savings account. I have all my money in my checking account. But what if I were to put it in the savings? What would be the benefits and disadvantages? Thanks!

Milford Brusco

flammableazn asked:


Is that possible?
I’m graduating high school and need a savings account for college and a debit card is probably helpful as well.

Joslyn Powers

mynames.secret asked:


I have Washington Mutual right now, and i get a .25% interest rate. I usually have $200 – $1000 in my savings account, but i am now wanting to get a savings account that has a higher interest rate. I know that some online savings account banks offer APR interest but I dont know exactly what that is. I would like to know what are the most popular and safest and highest interest rate banks/online banks?

Melda Beeler