Alvina 
Unrestricted cash is cash that is not tied up in any investments or other long-term commitments. This cash is available to be used at the discretion of the company’s management. companies may choose to keep some of their cash in reserve in order to ensure that they have the funds available to meet their short-term … Read more
An administrative services only (ASO) arrangement is a type of self-insurance in which a company contracts with an insurer or third-party administrator to handle claims and other administrative services, but the company assumes the financial risk for its employees’ health care costs. ASO plans are usually only available to large companies that are able to … Read more
A certificate of deposit, or CD, is a type of savings account that has a fixed interest rate and a fixed term of investment. CDs are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000 per depositor, per bank. CDs typically offer a higher interest rate than a traditional savings account, and the … Read more
