Types Of Bank Accounts

Savings account

Investment account (correct)

Retirement account

Checking account

To offer high-interest rates for long-term savings

To offer easy access to investment opportunities

To facilitate spending and bill payments (correct)

To provide tax advantages for retirement savings

They are only available at traditional brick-and-mortar banks

They do not vary in terms of their offerings

They may offer different features and benefits (correct)

They all have the same features and benefits

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