Phrases with «savings vehicle»

A "savings vehicle" is a way or method for you to save money and make it grow over time. It could be a bank account, an investment account, or any other financial option that helps you save and earn interest or returns on your savings. Full definition

Sentences with «savings vehicle»

  • Many experts say that, generally, these policies should not be used as savings vehicles for a child's college education or for retirement. (bankrate.com)
  • It's not uncommon for people to use their retirement plans and only their retirement plans through work as savings vehicles over the course of their careers. (thedigeratilife.com)
  • Conventional college savings vehicles like 529 plans have no contribution limits (gift limits do apply). (purefinancial.com)
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