Author: Deborah Goodkin, Managing Director, Savings Plans, First National Bank of Omaha
With Halloween right around the corner, haunting season is in full swing. However, when it comes to your finances, we are here to assure you there are no tricks – only treats ahead – when it comes to achieving financial independence.
Knowledge is power, so read on for a financial myth buster to dispel any eerie financial fears you may have.
- Myth: You have to live in Nebraska to open an Enable account.
Fact: While the Enable Savings Plan was created and launched in Nebraska, it is a national plan available for qualifying individuals living in any state within the U.S.
- Myth: It’s difficult to remember to make deposits into my Enable account every month.
Fact: With the Automatic Investment Plan (AIP), saving has never been easier with automatic contributions from a bank account. This feature allows you to set up recurring contributions of any set amount on a regular basis. Not only does this provide peace of mind, but ensures you will never miss the chance to save.
- Myth: It’s hard to tailor my savings plan to address my specific goals.
Fact: Enable offers five unique Investment Options, which Account Owners can choose from to select the option that works best for them. For more information about the Investment Options visit: www.enablesavings.com/home/investments.html.
- Myth: Only the beneficiary can contribute to an Enable account.
Fact: Anyone can contribute to your Enable account at any time. In addition, with Enable gifting options, friends and family have the chance to help boost your savings by contributing to your account for birthdays, holidays and other gifting celebrations.