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Latest News
What is a CD Account & How Does it Help You Save?
In banking, CD is an acronym that stands for certificate of deposit (CD). It is a federally insured bank account that comes with fixed-rate earnings and a fixed-date of withdrawal, also known as the maturity rate. Once the maturity rate of a CD is reached, you can...
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Estate Planning and Second Marriages
According to a study from the Pew Research Center, about 40% of new marriages include one person who has previously been married. In some 20% of weddings, both partners have been married before. This has led to an increase in the number of “blended...
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Frequently Asked Questions on the Kiddie Tax
The “kiddie tax” is a term used to refer to the Tax on a Child’s Investment and Other Unearned Income. American Bank & Trust compiled answers to frequently asked questions on recent updates made to this child tax. What is the kiddie tax? The kiddie tax is a...
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