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Introduction to Deposit Accounts

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Deposit accounts can be an integral part of your financial planning toolkit, despite offering low returns. Let's find out why.

What you will learn

  • What Types of Deposit Accounts Are Available?
  • What Are the Advantages and Disadvantages of Deposit Accounts?
  • What Is a Central Asset Account?
  • Using Deposit Accounts in Financial Planning

What do you know?

Introduction to Deposit Accounts

"Money stashed away" is a phrase that summons images of security and prosperity. Deposit accounts were once the investment of choice for most Americans. Although many investors have sought higher returns elsewhere, deposit accounts continue to offer advantages for the modern investor.

Today, competition for your investment dollar has spawned a wide variety of deposit accounts that offer convenience, flexibility, and security for your money. Deposit accounts can be an integral part of your financial planning toolkit.