Health Savings Account-Health Savings Account Info

perfumeholic asked:


if I am planning to start saving $850.00 a month, into a savings account, which would give me more money over say a year or two; an account that compounds daily or monthly? And, any suggestions of whom I can start saving with? Or, would it be wiser to save up and invest the minimum required for a money market account? The reason I am so interested is I am a single parent and trying to save up for a home, the more you can pay down, the lower the monthly payments will be, and hopefully the better the home I can afford.

Caron Nissila

ryguy8161 asked:


I currently have a few thousand dollars just sitting in the bank in a savings account, not growing or anything. Is there anything else I could do with it that is a safe investment but will still get me a higher rate of return?

Charlsie Laperouse

chinese_goat asked:


I have been saving my money for years in a savings account for the purpose of buying a new vehicle. Next week I want to go ‘barter’ for a car and then pay cash (so I can get a lower price.) What is the best way to pay from my savings account?
I won’t know the exact amount beforehand, so I couldn’t get a cashier’s check. Is it possible to get temp checks for a savings account?

Orval Heiney

James J asked:


I’m looking to save up enough money for my own plane and I don’t want to wait till I’m fifty. What would be the best type of savings account for the best payout in the shortest amount of time?

Enoch Whitton

Lucky Dusenburg asked:


I just turned 18 and want to open a savings account without my parents knowing about it. I have a little over 1k in cash to put in it. I do not really care about earning interest, I just want to be able to withdraw it easily, and deposit cash into it locally I want one without a minimum balance or maintenance fees. I live in WA if this helps. Also any tips on how to open one without my parents seeing mail from the bank would be great! THANKS!

Iesha Guignard

Rob asked:


I would like to get a savings account that works with PayPal and the instant e-checks thing. But i don’t know what type of savings account to get, the last savings account i had didn’t work with the PayPal or anything, i believe that was a passbook savings account. So what are my other options with savings account that work with the mentioned services?

Connie Aylward

Benson asked:


You know the dilemma: in an emergency, you need your money fast. A savings account gives you pretty quick access to your money.

But a savings account also earns low interest. So if you put too much in there you diminish your earnings.

I’ve heard all kinds of conflicing advice. What do you think?

How many months’ net income do you think one should keep in a savings account for emergencies?

Elena

SnowPigPrincess128 asked:


In other words how is it received? Is the money automatically deposited into the account? How often is the interest distributed? Is it every month that it is distributed? Also is the interest u receive a percentage of the amount of money you have deposited into your account? For example, I currently have $100 In my account and the interest rate for my savings account at this bank is 0.1%, how much interest would I receive?

Warren Leclare

shankel7744 asked:


i have a checking account already with a bank and if i go to the same bank and try to get a savings account will they give me one..im asking cause im negative like $80.00 in my checkin account and i wasnt sure if they would be able to give me a savings account or not with the same bank

Napoleon Willams

drew b asked:


I want to start up a savings account of some form, but I’m not sure how or what to look for. A high interest rate is something important, but I don’t know what a high interest rate is. Is there anything else I need to look for in a savings account?

Patty Gala