answersLogoWhite

0

Under, the flexible deposit option you can withdraw your money prematurely and still get a part of the profits. So, you still get to earn some money without stressing about early withdrawal.

User Avatar

Wiki User

9y ago

What else can I help you with?

Related Questions

Where does one learn more about the benefits of having a flexible spending account?

You can find out about the benefits of having a flexible spending account anywhere on the Internet. You can get good information on FinancialPlan. They tell you all the things about saving and budgeting.


Can I send a direct deposit to myself?

Yes, you can set up a direct deposit to send money to your own bank account. This is a convenient way to receive payments such as paychecks or benefits directly into your account without having to physically deposit a check.


What are the benefits of having a deposit only checking account?

A deposit-only checking account allows you to safely deposit money into the account without the ability to withdraw funds, which can help you save money for specific goals or prevent accidental spending.


What are the benefits of having a deposit-only bank account?

A deposit-only bank account allows you to safely store money without the risk of spending it impulsively. It can help you save for specific goals and build a financial cushion for emergencies.


What are some advantages of having the best CD rates?

The advantages and benefits of having the best Certificate of Deposit (CD) rates is more interest and money for the customer. One can find information on CDs at the local bank.


What is the opposite meaning of the word flexible?

Not flexible or having no flexibility


What are the benefits of having a savings account?

Having money available is useful if you have an unexpected expense such as car repairs.Saving money to make major purchases keeps you from having to pay interest when you but these things.Savings accounts pay some interest.Some banks give benefits such as free checking or a free safe deposit box to people with a savings account.


What are the benefits of using a portable storage container?

Here's a link to a website that will explain all of the benefits of having a portable storage unit, and help you find out if it's right for you. http://www.pods.com/About-PODS.aspx


What are the benefits of using direct deposit?

There are many great benefits using direct deposit. The care-free feeling of not having to make a trip to the bank and wait in line every week. Some people that get money this way get the money a full day in advance vs. the day they got their paper check delivered. An overlooked but equally beneficial consequence of using direct deposit is people usually are able to keep more money in the bank.


What are the benefits of having a hidden curriculum?

the benefits of having a hidden curriculum is to easily


What are the advantages and disadvantages of a cafeteria plan?

Advantages of Cafeteria plans (Flexible Benefit Plans)Employees choose benefits to meet their needs, and value these benefits more highly.Employers and employees share the responsibility for providing benefits.During periods of change (including merger and acquisitions), flexible benefits help to harmonise rewards.Employers provide benefits at a known cost that is fixed regardless of the choices that employees make., so allowing them to cap future benefit costs.Employees have a true idea of the full worth of the benefits package they receive and employers do not provide benefits that are not valued.Employees are given a sense of control and involvement by having a choice.Dual career couples avoid having benefits duplicated by their respective employers.Employers are seen to be more responsive to the needs of an increasingly diverse, demanding and ageing workforce.A competitive benefits package is valuable in attracting and retaining key personnel.The awarding of benefits such as company cars becomes less divisive.Employers' demands for flexible working practices are more justifiable if employees enjoy flexible benefits.Helps to align the total reward strategy to the HR and business strategies.Disadvantages of Cafeteria Plan (Flexible Benefits Plans)Employers find them complex and expensive to set up and maintain (although new technology is reducing both the cost and administrative burden).The choices made may cause problems both to employers and employees


What is a bank CD?

A CD refers to a Certificate of Deposit. It is a certificate given to you by a bank for depositing cash with them. They would pay you an interest for having the deposit with them.