This document provides an overview of basic savings and investment options for beginners looking to start planning for their financial future. It outlines savings accounts, certificates of deposit, and 401(k) retirement accounts, explaining what each is, how they work, and their benefits. The key points are that savings accounts are simple with few limitations but earn little interest, CDs offer higher returns but require locking funds away for a set term, and 401(k)s allow investing with potential employer contributions for retirement savings.

1. Saving & Investing for Beginners:Where to Start

2. Want to start saving and planning for your financial future? Not sure where to start?This presentation will provide overview of the most fundamental savings and investment options. With a little knowledge, you can determine the direction that best suits you!!

3. Basic Savings & Investment OptionsSavings AccountCertificate of Deposit (CD)401(k)

4. Savings AccountMost traditional way to save money.Simple terms: deposit money, withdraw if needed, earn small amount of interest in the processFew limitationsServes variety of saving needs (emergency fund, down payment on first home)

5. Certificate of Deposit (CD)Allows your money to make moneyGreater interest return than savings accountLocked into term. Withdrawal may be made with penalty.

6. 401(k) Investment optionIndividual investment packages are usually determined by age and risk toleranceAllows employee to take advantage of employer contributions (free money!)Referred to as “Retirement Account” because contributor has access to funds, without penalty, at age 59 ½

7. Take time to do a little research on the options and start down the road to a bright financial future!