Account Archives - policeelections

Did the IRS Just Deposit Money in Your Bank Account? It’s Not a Scam, a Tax Refund or a New Stimulus Check

September 28, 2020 dhita yudha

The next time you check your bank account, you might find a small surprise among your regular payments and purchases.

a close up of a sign: IRS-Paying-People

© Shutterstock
IRS-Paying-People

Nearly 14 million individual taxpayers will receive a small interest payment in the coming weeks, the IRS announced recently. The payments will average around $18 and will be deposited in the same manner that individuals received their tax returns — for most this means a direct deposit to their bank account. The rest will be mailed out with a notation on the check indicating it is a refund interest payment.

Load Error

Why is the federal government paying you interest? By law, the IRS is required pay interest on tax refunds if it is more than 45 days late in issuing a refund for an on-time tax return. In other words, if you are set to get money back from your taxes, and you filed ahead of

Facing fund crunch after job loss? Here is how to unlock your dormant bank account

September 27, 2020 dhita yudha

Private sector employees are suffering the most currently as the Covid-19 pandemic has stalled economic activities, forcing many organisations to down their shutters. Job losses and lack of new opportunities have forced many people to leave their rented accommodations and go back to their respective hometowns.

In such a situation, it might also have become difficult for them to access the money locked in dormant bank account(s), if any, at the time of cash crunch.

If you have also faced a similar situation, then there is no need to worry. Here is how a dormant bank account may be made active by updating Know Your Customer (KYC) from another location.

“The pandemic and lockdown have encouraged banks to make more services available online so that

Senior Citizen Bank Account: Top 5 savings bank accounts for senior citizens

September 13, 2020 dhita yudha

Senior Citizen bank account, Senior Citizen Savings Scheme, SCSS, features, interest rate, nomination, tenure, withdrawal details, Senior Citizen Savings Scheme calculator, PPF, Ulip, fixed deposits, FD, Best FD rates for senior citizens, SBI, State Bank of India, HDFC Bank, PNB, ICICI Bank, Kotak Bank, Axis Bank, how to close savings account in bank,

Post-retirement, most people look for places to keep their entire life’s savings safe while earning moderate returns on them. Various banks offer specific senior citizens bank accounts, catering to such people, with special features. The senior citizen bank accounts offer higher interest rates as compared to normal savings accounts, with personalized services convenient for senior citizens. From ICICI to HFDC to Axis Bank, all offer such savings accounts for their senior citizen customers with higher benefits.

Here are some of the top savings accounts offered by top banks for senior citizens:

ICICI Bank Seniors Club Savings Account – This ICICI Bank account is for customers above 60 years of age. This comes with a feature wherein the customers can carry out all their banking transactions without having to wait in queues. Additionally, with this account

How to Get Started If You’ve Never Had a Bank Account

September 7, 2020 dhita yudha

Managing your money without a bank account is doable. But it can pose challenges — and the COVID-19 pandemic has only added more.

a man sitting at a table with wine glasses: You can work toward getting a bank account, even if you've had challenges in the past

© Getty Images
You can work toward getting a bank account, even if you’ve had challenges in the past

Your economic impact payment might’ve arrived weeks or months after others’ did, in the form of a check or prepaid debit card, because you couldn’t choose the faster delivery option of direct deposit into a bank account. And if you’ve gone to the store lately, you may have been asked to pay with a debit or credit card or in exact change due to a nationwide shortage of coins and concerns over germ transmission.

Load Error

A bank account can make life easier in these situations, among others. To avoid future issues, consider opening one — or try again if you’ve been rejected in the past. Here’s a

Best bank account bonuses for September 2020

September 6, 2020 dhita yudha

If you’re wishing you had more savings right now, you’re not alone. Many Americans impacted by the coronavirus are finding that they need additional funds to make ends meet. A bit of extra cash could be a big help. Fortunately, a number of banks are still giving out free stacks of cash.

a store front at day: A bank branch in New York City.

© SOPA Images/Getty Images
A bank branch in New York City.

In exchange for opening a new savings or checking account, you could wind up with an extra $200 or $300 dollars (or more). Shopping around for a new bank account isn’t exactly exciting, but at a time like this it could be worth your while.

Load Error

Why banks have sign-up bonuses

Banks use sign-up bonuses to distinguish themselves from others in the industry. Cash bonuses also help financial institutions bring in new customers and new deposits.

While they could pay account holders a higher yield, for

Money Market Account Definition

September 5, 2020 dhita yudha

What is a Money Market Account?

A money market account is an interest-bearing account at a bank or credit union—not to be confused with a money market mutual fund. Sometimes referred to as money market deposit accounts (MMDA), money market accounts (MMA) have some features not found in other types of accounts. Most money market accounts pay a higher interest rate than regular passbook savings accounts and often include checkwriting and debit card privileges. They also come with restrictions that make them less flexible than a regular checking account. They are important for calculating tangible net worth.

The lines between high-yield savings accounts and money market accounts are increasingly blurred, and you may want to compare both money market accounts and savings account rates to ensure you’re picking the best product for you.

Money Market Accounts vs. Savings Accounts

How Money Market Accounts Work

Money market accounts are offered at

How checking my bank account daily helped me pay off $10,000

August 17, 2020 dhita yudha

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective.

I’ve tried money journals and budgeting apps, but checking my bank account every day is the only thing that helps me stick to a budget.
By checking my accounts every day, I’ve been able to pay off $10,000 in credit card debt, keep my spending under control, and even build an emergency savings fund.
Checking my bank account daily also helped me catch $1,200 worth of fraud and get it reversed immediately.
I make it easy by setting my homepage to open up to my various financial accounts automatically.
Lower your monthly bills and stay on top of your financial life with TrueBill »

There’s only one budgeting method that’s

M&T Bank review: $0 to open a savings account, unique CD options

August 3, 2020 dhita yudha

M&T Bank (Member FDIC) could be good for people who live on the US East Coast and want a brick-and-mortar bank.
Your choice between M&T Bank and competitors may come down to which has a location closer to your home and whether you qualify to waive monthly fees at one bank and not another.
The M&T MyChoice Money Market Account has complicated rules surrounding interest rates, but if you meet all the qualifications, then you could end up earning a better rate than at some other brick-and-mortar banks.
With an M&T CD, you can choose between a fixed and variable rate — most banks only offer fixed-rate CDs.
See Business

Trump has Twitch account restored after two week suspension for ‘hateful conduct’

July 14, 2020 dhita yudha

Trump has previously defended Russia against accusations of election meddling: Reuters

Donald Trump’s Twitch account has returned online, following its suspension two weeks ago.

Mr Trump’s accounts on the livestreaming platform were used to show presidential rallies, two of which Twitch, which is owned by Amazon, took issue with.

The first was a broadcast of a 2016 campaign event in which Mr Trump claimed Mexico is responsible for an influx of drugs and crime in the US.

The second was a rally in Tulsa where he described a criminal breaking and entering as a “very tough hombre”.

“Hateful conduct is not allowed on Twitch. In line with our policies, President Trump’s channel has been issued a temporary suspension from Twitch for comments made on stream, and the offending content has been removed”, a Twitch spokesperson said at the time.

The company said at the time that the ban was temporary,

L.A. Stagehands Local 33 Co-Chief Ron Valentine’s Harrowing Account Of Early Days Of Shutdown & Herculean Efforts To Get Town Back To Work

July 14, 2020 dhita yudha

Click here to read the full article.

EXCLUSIVE: Ron Valentine, business agent of IATSE Stagehands Local 33 in Los Angeles, says he doesn’t expect concerts, sporting events and theatrical productions to return with audiences until 2021. Even so, he’s hopeful that the show will go on, even if it has to be without live audiences.

“We have been in discussions with employers to think about virtual concerts and private fundraisers at our venues such as the Hollywood Bowl or the Greek Theatre to keep the employer in business, as well as our members employed,” he told Deadline. “This is a time to work in unity and make it a win-win-win situation.”

More from Deadline

“I always think of us as the Swiss Army knife of entertainment,” he said. In television, his local’s 1,642 active members set, rig and light the stages for game shows like The Price Is Right,