MoneyRates Blog
Deposit Your Tax Refund Directly to Your Savings or Checking Account
By Clark Schultz | Money-Rates Columnist
The IRS gives all taxpayers the option to receive their tax refunds through direct deposit to more than one bank or brokerage account. Form 8888, which can be downloaded from IRS.gov, allows taxpayers to split up their refund and decide which amounts go to which accounts. Eligible account types include:
Bank checking accounts
Bank money market accounts
Bank savings accounts
Brokerage accounts
Mutual [...]
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6.00% Yields at FDIC-insured Banks
By MoneyRates team | Money-Rates Columnist
A new product offered by banks across the country is a Rewards Checking Account which pays yields as high as 6.01% on interest checking account balances if certain requirements are met. Typically the requirements are a combination of receiving statements electronically, using a check or debit card, and using ACH, auto-debit, or direct deposit on [...]
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