Both accounts can be viable options for a $20,000 deposit, but which can earn more this year? Here's what to know.

Demand deposit accounts (DDAs) are the most common type of bank accounts, and most Americans have one or more of them. They provide easy access to your money, making them suitable for holding your ...

Depositing more than $5,000 in cash is routine. Here's what banks look for and what happens after your deposit clears.

Depositing money into your bank account safeguards the funds and makes them available for you to spend or withdraw when you need it. Deposits are an essential banking task, and there’s more than one ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance. To ...