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  2. Index-linked Savings Certificates - Wikipedia

    en.wikipedia.org/wiki/Index-linked_Savings...

    The bond terms are typically 2, 3 or 5 years. The returns are linked to Retail Price Index (RPI) with a tiny added interest rate on top. The Bonds can now only be cashed in at maturity. Index-linked Savings Certificates are free from UK income tax making them relatively attractive to tax-payers, particularly higher rate tax-payers. They are ...

  3. Individual savings account - Wikipedia

    en.wikipedia.org/wiki/Individual_Savings_Account

    Aksjesparekonto (Share Savings Account, ASK) (Norway) allows gains and (since 2019) dividends on shares in EEA-domiciled companies and mutual funds to compound tax-free within the account, with tax payable on withdrawals. [64] Aktiesparekonto (Share Savings Account, ASK) (Denmark) was introduced in 2019. It had an initial annual contribution ...

  4. Annual percentage yield - Wikipedia

    en.wikipedia.org/wiki/Annual_percentage_yield

    This is a reasonable approximation if the compounding is daily. Also, a nominal interest rate and its corresponding APY are very nearly equal when they are small. For example (fixing some large N), a nominal interest rate of 100% would have an APY of approximately 171%, whereas 5% corresponds to 5.12%, and 1% corresponds to 1.005%.

  5. How to Calculate Interest on Savings Accounts - AOL

    www.aol.com/calculate-interest-savings-accounts...

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  6. Best high-yield savings accounts for January 2024 - AOL

    www.aol.com/lifestyle/best-high-yield-interests...

    Savings interest rates today: Grab the weekend's highest APYs of up to 4.75% for fast, safe growth; AOL. The Fed's new game plan: Here are the biggest winners and losers of the two anticipated ...

  7. Tax-exempt special savings account - Wikipedia

    en.wikipedia.org/wiki/Tax-exempt_special_savings...

    A specific requirement was the presentation of the applicant's National Insurance number, to ensure only one TESSA (tax free) account investment could be operated by the individual per year. Interest on the TESSA was free from UK income tax. The favourable tax treatment of a TESSA lasted for five years, and it was possible to invest up to £ ...

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