How much interest can a 1-year CD earn if opened this June?

Savers can effectively grow their money with a 1-year CD without sacrificing long-term access to their funds. Getty Images/iStockphoto While extended protection for your money is ideal, sometimes it’s not realistic. Nor is it even needed. Sometimes, you just need to earn a little extra on your money while protecting your principal. While a certificate …

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Here’s what your employer can (and can’t) do when your wages are garnished

A garnishment order impacts your pay, but it doesn’t hand your employer discretion over your paycheck. Getty Images/iStockphoto There’s a common assumption that wage garnishment is a standoff between you and the creditor you owe money to. What many borrowers don’t realize, though, is that the moment a garnishment order takes effect, a third party …

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