News, articles and information about savings accounts and how to use them to your advantage http://what-is-savings-account.awlinfo.com/ 2009-01-06T02:17:07+01:00 text/html http://what-is-savings-account.awlinfo.com/single.php/8367/Irwin-Kellner:-The-long-and-short-of-it-(Market-Watch) Talk about trade-offs. text/html http://what-is-savings-account.awlinfo.com/single.php/8366/The-History-Of-The-FDIC-(Investopedia-via-Yahoo!-Finance) Find out why this corporation was developed and how it protects depositors from bank failure. text/html http://what-is-savings-account.awlinfo.com/single.php/8365/Cameron-calls-for-cut-in-tax-on-savings-income-(Khaleej-Times) LONDON - Britain's opposition Conservative party called on Monday for a cut in tax on savings accounts for those on the lowest incomes as it sought to show how it would help those affected by the economic downturn. text/html http://what-is-savings-account.awlinfo.com/single.php/8363/Cameron-calls-for-savings-income-tax-cut -(Reuters-via-Yahoo!-UK-&-Ireland-News) The Conservative party called on Monday for a cut in tax on savings accounts for those on the lowest incomes as it sought to show how it would help those affected by the economic downturn. text/html http://what-is-savings-account.awlinfo.com/single.php/8364/Savings-rates-set-to-drop-further-(Channel-4) More than a third of savings accounts for deposits of £5,000 now pay returns of 1% or less and rates are expected to fall further this month, figures showed. text/html http://what-is-savings-account.awlinfo.com/single.php/8362/In-Silicon-Valley,-V.C.’s-Focus-on-the-Short-Term-(New-York-Times) Venture capitalists make their fortunes, or lose them, on the strength of their predictions. As they hunt for barely hatched ideas and nurture them with money and advice, they are hoping that the new idea grows into the next Google . text/html http://what-is-savings-account.awlinfo.com/single.php/8361/Get-ready-for-0%-interest-on-your-savings-and-a-pound-worth-only-€1-(Times-Online) While there are silver linings in the recession, people have to negotiate quite a few dark clouds first. Millions of savers are waking up to the fact that their nest eggs are no longer generating a return; the interest on savings accounts has dropped to as little as 0.1%. text/html http://what-is-savings-account.awlinfo.com/single.php/8360/Bank-of-England-may-cut-interest-rates-(Moldova.org) The Bank of England may soon cut interest rates on savings accounts to their lowest in its 315 years of operation due to the economy, experts say.Experts said the British bank will likely attempt to regain control of the spiraling economy in Britain by dropping interest rates below 2 percent or potentially even below 1 percent, The Daily Telegraph reported Saturday.The potential interest cuts ... text/html http://what-is-savings-account.awlinfo.com/single.php/8359/Bank-of-England-may-cut-interest-rates-(UPI) LONDON, Jan. 3 (UPI) -- The Bank of England may soon cut interest rates on savings accounts to their lowest in its 315 years of operation due to the economy, experts say. text/html http://what-is-savings-account.awlinfo.com/single.php/8358/Tax-Free-Savings-Accounts-debut-this-week-despite-worries-about-slower-spending-(Woodstock-Sentinel-Review) Canadians will get to open a new type of tax-free savings account this week -- providing them with another investment choice during a time of financial uncertainty. text/html http://what-is-savings-account.awlinfo.com/single.php/8357/Canada-cuts-taxes-as-consumer-confidence-dips-to-new-low-(People's-Daily) Canada cut taxes starting from the new year and may take similar measures in the future as consumer confidence fell to a record low. Starting from Jan. 1, corporate tax cuts and the new tax-free savings accounts came into effect, which are expected to help stimulate the economy. But Finance Minister Jim Flaherty said Friday he is considering further tax cuts to put more money in people's pockets ... text/html http://what-is-savings-account.awlinfo.com/single.php/8356/(AFX-UK-Focus)-2009-01-03-04:00-Glance-PRESS-DIGEST---Financial-Times---Jan-3-(Interactive-Investor) INTEREST ON SAVINGS ACCOUNTS CUT TO 0.1 PERCENT text/html http://what-is-savings-account.awlinfo.com/single.php/8355/Cash-Isas-look-languid-against-their-racier-siblings-(Financial-Times) Collapsing savings rates and stock market lows mean it could be worth switching cash Individual Savings Accounts (Isas) into share-based plans - particularly for income investors. text/html http://what-is-savings-account.awlinfo.com/single.php/8354/Financial-Security-Rests-On-Saving,-Budgeting-(WTOV-9-Steubenville) 2009 is a great time to get back to basics like savings accounts and sticking to budgets. text/html http://what-is-savings-account.awlinfo.com/single.php/8353/Minimum-IRA-Distributions-Still-Required-for-2008-(Financial-Planning.com) The Internal Revenue Service and the Treasury Department have decided against changing a rule that requires retirees to withdraw a minimum distribution from their retirement savings accounts by the end of 2008.