Richard Thaler, an economist at the University of Chicago and one of the field's pioneers, told The Wall Street Journal in 2015 that saving for retirement is a prototypical behavioral-economics problem” because it is cognitively hard—figuring out how much to save—and requires self-control.” One solution is defined-contribution retirement plans, which set money aside automatically; a 401(k) is the
<< No Monthly Fee for Santander® Savings with any consumer Santander checking account or with $100 average daily balance in the Santander® Savings account (otherwise, $1.00). All other fees apply. Browse our account options online, or feel free to stop by one of our convenient locations to speak with a Renasant banking professional. Navy Federal savings accounts, Money Market Savings
Have $5,000 in qualifying direct deposits in a linked Virtual Wallet with Performance Select or Performance Select Checking during the previous calendar month. The Spending Account is a demand deposit account available from The Bancorp Bank. The optional Savings Account, which is an interest bearing savings account, is only available to holders of a Spending Account.