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Low Yield Savings Accounts
The combination of income taxes, lost opportunity cost on taxes,
and inflation can negate or offset the interest earnings one accrues
on low yield savings accounts. These accounts should primarily be used
for short-term liquidity and convenience. The LEAP?/FONT>
SYSTEM can help you select other more appropriate savings vehicles or
insurance products that can potentially lower your income taxes, avoid
lost opportunity costs and combat inflation.
Note: Bank deposits are
FDIC-insured, while other investment vehicles are not FDIC- insured.
@
2002 LEAP SYSTEMS, Inc. No part of this page may be reproduced,
abstracted, excerpted, transmitted, in any form by any means,
electronic, mechanical, or photographic, or stored in information
systems, except as set forth in writing under a license from LEAP
SYSTEMS, Inc. Any other use is prohibited.
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