Editor's Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. CNBC Select will update as changes are made public.

Reaching your 50s with little or no savings can feel unnerving. Retirement may be on the horizon, yet financial independence still seems far away. But it is not too late, not by a long shot. If ...

A joint bank account is useful if you're combining finances, whether that means saving for a mutual goal, paying shared bills, teaching your children money management skills or starting a business ...