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Savings account interest rates can vary from very low rates at banks, which may have rates as low as 0.01 percent, to higher-yield accounts at online banks, which can be as high as 1.10 percent. Some local credit unions offer significantly higher interest rates on savings accounts, although membersh


To open an online savings account, choose a financial institution, and complete the associated registration process, as listed by the Bank of America website. There are multiple financial institutions offering online savings accounts, including Bank of America, Chase and Citibank.


Health savings accounts, or HSAs, are a type of flexible spending plan that allow individuals with a high-deductible medical plan to save money for medical expenses, advises Kiplinger. However, not all high-deductible health policies allow HSA accounts.


A health saving accounts (HSA) is a solid way to save for future medical expenses. They have tax benefits in that they reduce the amount of taxable income calculated on income taxes.


If one is already a member of a specific bank, it is best to get information about a health savings account directly from them, notes Wells Fargo. Most banks offer health savings accounts so consumers can open one at a different bank than who currently holds their other accounts.


Several tax-preparation services, including TurboTax and H&R Block, allow users without accounts to calculate how much tax they owe and when it is due, according to the company websites. TurboTax also helps users determine whether they must pay estimated taxes.


Benefits of top savings accounts include higher than average interest rates, as well as no minimum balance requirements or minimum deposits for savers, according to Forbes. Additionally, top savings accounts often do not charge monthly fees to account holders.


As of 2015, the average savings account rate is 0.17 percent, according to U.S. News and World Reports. However, consumers who shop around are often able to find opportunities to earn more on their savings.


The Treasury Direct website offers a savings bond calculator to determine the value at a particular date. Other financial institutions, such as FirstState Bank and Valley Bank and Trust, redirect visitors to the Treasury Direct savings bond calculator, notes the official website of each organization


Consumers can calculate the current value of their savings bonds by using the Savings Bond Calculator available on the official Treasury Direct website. This tool is accessible under the Tools tab on the website and gives consumers the ability to find the value of bonds in other months.