Sentences with phrase «liquid as bank accounts»

However, you must remember that CDs aren't as liquid as bank accounts, unless you're willing to pay the early withdrawal penalty.

Not exact matches

Of note, Ally Bank pays 1 percent on balances in savings accounts, which, Campbell says, «is as good as it gets for completely liquid assets these days.»

This cash component may sit in his or her investment account in purely liquid funds, just as it would if deposited into a bank savings or checking account.

Glaciers act as a liquid bank account for people in those areas, storing snow in winter and releasing melted water slowly in the summer.

Long - term deposits offer a stable funding source for banks, while money in short - term deposits and checking accounts is too liquid to rely on as a source for lending.

Liquid assets, such as cash, bank accounts, non-homestead exempt real estate, additional vehicles and boats are counted in the resources.

Liquid funds as you might already know, are a good alternative to keeping money in a savings bank account.

Participants over 50 must deposit a minimum of RM 150,000 (or about $ 43,000) in a Malay bank account (yes, you get interest and you can withdraw part of it after a year) or have access to a monthly pension of at least RM 10,000 ($ 2,900), as well as having at least RM 350,000 ($ 102,000) in liquid assets back home.

What is considered to be «cash reserves» includes non-retirement liquid assets, such as: cash in any banking or checking accounts, stocks, mutual funds, money market funds, and more.

Specifically, cash is highly liquid (meaning you can convert it into money in hand without much delay or hassle) and broadly includes relatively short term bank certificates of deposit, bank accounts, and money market accounts that can currently return up to 1 to 2 % annually (as of November 2017).

A bank account is highly liquid and carries no risk of capital loss - as long as you're within deposit insurance limits.

Make sure it's a liquid account, such as a money market mutual fund or a bank money market account.

«Remaining liquid assets» are defined as your available funds in bank accounts such as checking, savings or money market accounts that are readily accessible without withdrawal restrictions or penalties after you have met any out - of - pocket settlement requirements from your own funds.