Archive for August, 2012

Ally Bank at FinCon12: What Questions Do You Have For Your Favorite Financial Bloggers?

Posted in Community
August 30th, 2012 at 10:00 am by Ally

We’re excited to announce that Ally Bank is the proud Platinum Sponsor of the 2012 Financial Blogger Conference in Denver, Colorado. This year’s conference (September 6-9) marks the second gathering of personal-finance bloggers, organized by Philip Taylor of the blog PT Money. “This community does a great job of bringing their best to making this a fun… read more

Savings Vampires: The Habits That Hurt Your Savings Goals

Posted in Community
August 27th, 2012 at 10:30 am by Ally

Chances are, there’s not a single person out there who isn’t aware of the benefits of saving money. Yet 28 percent of Americans have no emergency savings, and 49 percent don’t even have enough to cover three months of expenses, according to CNN Money. And if you do have enough saved up to cover an… read more

The Finances of Your Kids’ Sports

Posted in Community
August 23rd, 2012 at 11:21 am by Ally

No one ever said having kids would be easy on your wallet. And if you’re a parent with a brood of young athletes, this is something you probably know all too well. Youth sports is an estimated $5 billion annual industry, says Mark Hymann, the author of The Most Expensive Game in Town: The Rising Cost… read more

5 Ways to Get in Shape for Less – or for Free

Posted in Community
August 22nd, 2012 at 11:02 am by Ally

Like a well-built retirement account, regular exercise is one of the best gifts you can give yourself. But if you’re not careful, your workouts may end up costing you. The average gym membership goes for about $55 a month – or $660 a year – according to And if you’re going for weeks at a time without hitting… read more

IRAs: What’s Your Required Minimum Distribution?

Posted in Community,Products,Retirement
August 20th, 2012 at 12:00 pm by Ally

IRAs can be helpful tools in saving for retirement. But like any account, an IRA comes with rules and restrictions that you should know before you open one. One of the most important IRA-related rules is the required minimum distributionon traditional IRAs. The required minimum distribution (or RMD) must be taken by April 1 of… read more

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