The Benefits of Savings Arrangements
Did you know that health savings arrangements can save you money?
Are you a spender or saver? Are you a value shopper or an investor? How you spend the money in your savings arrangement is up to you.
Most people don’t realize that many savings arrangements can also be put into investment accounts. Just like a 401(k) or an IRA, the money in the accounts can grow. Like all investments, there’s no guarantee that the account balance will increase. It could go down, but often you can have just a portion of your money go into an investment account. The rest can stay in a savings account.