A starting point is that there is always a cash account.
When such demands actually come upon him, he can answer them sufficiently from his cash account.
If all of that sounds overwhelming, it's a good idea to stick with a cash account.
Many agree, though, that cash accounts are an attractive option for people who spend little on health care in a given year.
That's equivalent to an interest rate of almost 15%, which is a lot better than any cash account.
Within two years, the cash accounts had dropped by half.
By the time the books closed two weeks later, the foundation's cash account had sunk to $5.7 million.
If that happens, your cash accounts are likely to pay less next year than they do today.
The cash account will be available to investors if needed to avoid a default on the securities.
Depending on your finances, $25,000 may be too much to park in cash accounts.
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