title = "Savings Products Guidance"

content = """
Savings accounts help customers build financial security through interest-earning
deposits. Matching customers with appropriate savings products requires
understanding their goals, timeline, and liquidity needs.

**Silver Savings Account:** Entry-level savings requiring $100 to open. The $5
monthly maintenance fee is waived with either $300 minimum daily balance or one
automatic transfer from checking per month. Interest compounds monthly with
tiered rates: 0.15% APY under $2,500; 0.25% APY $2,500-$10,000; 0.35% APY above
$10,000. Allows six convenient withdrawals per statement cycle per Regulation D.

**Money Market Advantage:** Premium savings for customers maintaining higher
balances. Requires $2,500 minimum to avoid $15 monthly fee. Offers tiered interest
rates starting at 0.45% APY, increasing to 0.75% APY for balances exceeding
$50,000. Includes check-writing privileges and debit card access, providing
flexibility between savings and checking functionality.

**Certificate of Deposit (CD):** Fixed-term deposits with guaranteed returns.
Terms available: 6-month (0.60% APY), 12-month (0.90% APY), 24-month (1.15% APY),
36-month (1.35% APY), 60-month (1.65% APY). Minimum deposit $1,000. Early
withdrawal penalties apply: 90 days interest for terms under 12 months; 180
days interest for longer terms. CDs automatically renew at maturity unless
customer provides other instructions during 10-day grace period.

**Christmas Club Account:** Seasonal savings account helping customers prepare
for holiday expenses. Customers make regular deposits throughout the year;
funds disbursed automatically in early November. No minimum balance, no monthly
fee, but no partial withdrawals allowed before disbursement. Promote in January
through October.

**Health Savings Account (HSA):** Tax-advantaged medical savings for customers
with high-deductible health plans. Requires qualification through employer or
insurance provider. Contributions are tax-deductible; withdrawals for qualified
medical expenses are tax-free. Triple tax advantage makes HSAs powerful
long-term savings vehicles when paired with investment options.

**Custodial Savings (UTMA/UGMA):** Adult-managed savings accounts for minors.
Assets transfer to the child at age 18 (UGMA) or 21 (UTMA). Useful for
education savings or teaching children about money management. Only the
custodian may access funds, and withdrawals must benefit the minor.
"""  # noqa: E501

version = "0.0.1"
