Figuring out what an ideal checking account balance is can be tough. You don't want to keep too much money in your checking account, because often, these accounts pay no interest. And even if your ...

Rachel Hanley is a contributing writer for Investopedia with over six years of experience developing content for financial professionals, institutions, and marketing agencies. Cavan Images / Getty ...

The balance of your checking accounts says a lot more about your financial fitness than you realize. While most conventional financial wisdom centers around building a big portfolio of savings and ...

While most Americans strive to fatten up their savings accounts, it can be difficult to discern how much of your cash belongs in a checking account. The dilemma: You want to have enough on hand to pay ...

The explosion of fintech companies that introduce banklike offerings has created heavy competition in the banking market. Competition is already impacting one of the barriers to opening bank accounts ...

Both stock market gains and consistent contributions helped to drive this increase in average balances. For example, Fidelity reported that the employee contribution rate to 401 (k) plans in 2025 was ...