If you earned at least $1 from a savings account in the last year you'll need to report that amount on your federal taxes.
Interest earnings on a $10,000 CD account this year can still be substantial and they'll be available quickly, too.
Explore tax-advantaged accounts to reduce your tax burden and grow savings. Learn the benefits of IRAs, 401(k)s, Roth IRAs, and more for a smarter financial future.
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