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Stephen C. Bach CFP®

Financial Advisor

 

7:12 Financial LLC

309 Henry Lane

Wallingford, PA 19086

 

610-892-1718 (Phone/Fax/Text)

 

712financial@lincolninvestment.com

 

www.712financial.com

March/April 2025

Where to Put Your Emergency Fund

Water dripping from ceiling into plastic bucket on floor in living room. Leaking roof concept.

Like everything else, the costs of emergency repairs are increasing. Some alternative options that may pay more for liquid savings are:

  • High-yield bank savings accounts

  • Money market bank or mutual fund accounts


Each has advantages and disadvantages you should discuss with your financial professional before investing.


Protect Your Money
When considering any alternatives, find out if the account or fund is backed by the Federal Deposit Insurance Corporation (FDIC) or covered by the Securities Investor Protection Corporation (SIPC). Both FDIC and SIPC insurance have limits but are crucial in safeguarding your investment.


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Advisory Services offered through Capital Analysts, or Lincoln Investment, Registered Investment Advisers. Securities offered through Lincoln Investment, Broker/Dealer and Member FINRA/SIPC. www.lincolninvestment.com
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