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Nearly 40% of Americans have less than $500 in cash savings, survey shows (www.livenowfox.com)
submitted 7 months ago by to c/aboringdystopia@lemmy.world
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[–] 17 points 7 months ago

I believe cash savings refer to liquid assets. That is to say, a savings account is a cash savings account, whereas an IRA or 401k are not, because the cash is tied up in investments.

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