"This type of account is sometimes called a jam jar account.
Once you have decided which type of account you are setting up, click on the Create Account button.
After you have done so, click on the Next button and choose the type of account you want to create.
Merrill Halpern, vice president of MasterCard International-Cirrus, responds: A.T.M. terminals abroad may not ask consumers to select the type of account they wish to withdraw from.
He adds that each type of account has its own constituency, with various providers insisting that they know their particular 401(k) or 403(b) or 529 market.
Put simply, they are getting some type of account in which they can deposit, manage and save their hard-earned money.
That takes time because you cannot shift assets from one type of account to another, which means you have to buy and sell separately in each portfolio.
The asset protection strategies available to you depend on the type of account you have, where you live and whether you inherited the assets or amassed the funds yourself, among other factors.
About $6 billion of the new money went into a new type of account, called Unlimited Advantage, that Merrill introduced last summer, offering unlimited stock trades for an annual fee based on assets.
The most bare-boned type of account is zero-interest basic checking.
Type of Account For ETFs, investors need a securities account; trading futures requires a futures account.
