Fed Governor touts 'skinny' masters accounts to promote payments innovation

The Federal Reserve is exploring the introduction of a "skinny" master account that would give access to basic Fed payment ...
Wall Street Journal

Pro Take: Fed Releases List of 9,000-Plus Banks With Master Accounts—and Those Hoping for One

The Federal Reserve recently disclosed for the first time the names of 9,278 financial institutions that hold so-called master accounts at the central bank, through which trillions of dollars a day ...
Wall Street Journal

Spend Down or Gift Retirement Accounts? Here’s Some Math

William Reichenstein is Powers Professor at Baylor University and head of research at socialsecuritysolutions.com. Many older retirees have most of their retirement funds in tax-deferred accounts like ...