However, personal savings accounts at banks are insured by the FDIC up to $250,000. Personal savings accounts with money market funds are not insured. Nevertheless, they carry very little risk.

Macroadvisors says the saving rate won't rise as much as some people are expecting: The Saving Rate Does Not Have to Rise to 7% in the Near Term, ...

Commentators point out America's low personal saving rate, saying that we're not coming close to financial planners' guidelines on how much to save for retirement. But the personal saving rate, an ...

But the saving rate can’t keep falling forever. October may in fact have been the nadir, or close to it. The saving rate — defined as the percentage of disposable (after-tax) personal income ...

After 2017, the personal saving rate jumped by about one percentage point. Most importantly, taxes grew at less than half the rate of income – 1.7% compared to 5.2% — from the end of 2017 to ...

This fifth consecutive pause in rate hikes means the federal funds rate, a key bank lending rate, will remain at a target range of 5.25% to 5.5%, the highest it’s been in 23 years.

Americans’ personal savings rate—the amount put aside as a percentage of disposable personal income—slipped again last month to 3.7% from the 4.1% rate logged in both November and October.