Savings rates on several accounts still have annual percentage yields between 3.7% and 5%.  Since the Federal Reserve lowered interest rates, your savings APY could see a slight dip.  A high-yield savings account allows you to withdraw and deposit money when you need it.  With only one week left in the year, the best high-yield…

The consequences of falling for a romance scam can be devastating, both financially and emotionally. They’re something a 67-year-old woman who now lives in her car in Vista knows all too well. Katherine Goodson told NBC 7 that she sent thousands of dollars to scammers, thinking it was for actor Keanu Reeves. She decided to…

RICHMOND, Va. (WWBT/Gray News) – An 80-year-old woman in Virginia is fighting to regain her life savings after she said scammers took them all. This past month, Kay received a message from someone she thought was her bank. The message said her account was restricted and that she needed to contact a specific number to…

PORTLAND — Norway Savings Bank team members continued their surprise holiday “Helping Hands” donations to many worthy, local nonprofits this week with a special stop at the Greater Portland Immigrant Welcome Center, bringing a $1,000 check for the organization with them. The center aims to help the area’s thriving immigrant community fully reach its “civic,…

The Internal Revenue Service is automatically sending $1,400 stimulus payments to about one million Americans who never claimed their COVID-19 relief checks from 2021, according to a recent announcement. If you’re eligible, you should receive your payment by late January 2025. But for the millions of Americans who won’t be getting this payment, there’s still…

RICHMOND, Va. (WWBT)—An 80-year-old woman is fighting to regain her life savings after she says scammers took them all. “My heart just dropped to my feet; my money was gone,” said Kay, a scam victim. Just this past month, Kay lost tens of thousands of dollars—all she had—to scammers. “I specifically made a point every…

Because manufacturers raised their prescription drug prices faster than the rate of inflation, Medicare Part B enrollees will see a decreased coinsurance rate for any of the 64 drugs that increased in price. This benefit, laid out by the Inflation Reduction Act (IRA) of 2022, will be available for beneficiaries from January 1 to March…

After more than thirty years of service, Brian Nicol, the President and CEO of The Peoples Savings Bank in Urbana, is stepping into retirement. His tenure at the bank has left an indelible mark on the institution and the Champaign County community, reflecting the values of trust, community involvement, and innovation. Nicol’s path to leadership…

Participants ages 50 and up can make additional catch-up contributions of $7,500. Those ages 60 to 63 can make even higher catch-up contributions. The Thrift Savings Plan board is reminding participants about changes to contribution limits coming for 2025. Generally, TSP participants will be able to contribute a maximum of $23,500 to their accounts next…

When my Asian-born wife first learned about daylight Savings time (DST), she thought I was playing a trick on her. You mean, she said, everyone just sort of agrees it’s a new time all of a sudden? And the idea is to have an extra hour of daylight-ish time in the summer? Why not do…