New app helps people save for retirement

1,166 views · Published 5 September 2014 · 0:30 · Indexed 20 September 2026

Channel: LOCAL 12 · 2014 · News & Politics

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CINCINNATI (WKRC) -- A new app is a high-tech version of throwing your loose change in a jar and this one helps people save.

The app, called "Acorns" deals with digital dollars.  Every time a person shops online with a debit or credit card, Acorns rounds up the purchase to the nearest dollar.  The change is invested into a portfolio of funds.

There are several options depending on how comfortable a person is with risk.  The designers say Acorns is an easy way to make regular contributions to a person's retirement fund.


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