What’s the difference between an investment and saving in a Cash Option?

Money saved in the Cash Option could earn minimal interest. The numbers will fluctuate slightly based on the federal interest rate. Money saved in the Cash Option is FDIC-insured up to $250,000, which means the money you save will be there when you want to take it out. It takes 2-3 business days to withdrawal funds from the Cash Option.

With an investment, you can choose which portfolio to invest in based on your needs, and there’s a chance your money grows over time. There is also risk that you could lose money when investing. Each investment option has a different level of risk. It usually takes 5-7 business days to withdraw funds from an investment option.

You can learn more about the investment and cash options here.