A discretionary account allows a financial advisor or portfolio manager to make investment decisions for the account holder. This type of account suits investors who prefer not to manage their ...

Retirement accounts like 401(k)s and traditional IRAs offer upfront tax benefits, allowing contributions to be deducted from ...

Sharing a bank account with a partner or relative can make it easier to manage your money together. But it can also lead to some confusion during tax season. You must report and pay taxes on the ...

The Consumer Financial Protection Bureau (CFPB) has filed a $2 billion lawsuit against Capital One, alleging that the bank deceived millions of consumers with their savings account offerings. The ...

Thinking about opening a joint bank account? Whether it's with your spouse of 30 years, a business partner or an adult child, it's a decision that requires careful consideration. A joint account is ...

A record number of 401(k) and individual retirement account holders have accumulated $1 million or more in their accounts, financial services company Fidelity Investments said. The number of 401(k) ...