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P. M. I. B. Wednesday, January 20, 2021 10:00 a.m.DESIGNATIONPOOLED MONEY INVESTMENT ACCOUNT PORTFOLIO SUMMARY REPORT January 20, 2021 (Dollars in Billions)12/31/2011/30/20Change From Prior Month$$$$107.375103.0004.37588.9270.487% 0.579% 0.691%0.563% 0.598% 0.720%0.076% 0.019% 0.029%2.028% 2.113% 2.230%165171(6)22612/31/19Total
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01
To fill out LAIF emergency accounts, you can follow the steps below:
02
Obtain the LAIF emergency account application form from a participating bank.
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Fill in your personal information, such as your name, address, and contact details.
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Provide the necessary identification documents, such as a passport or driver's license.
05
Specify the beneficiaries of your emergency account, including their names and relationship to you.
06
Determine the amount of money you wish to allocate to the emergency account.
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Choose the type of investments you want for your emergency account, such as money market funds or short-term government securities.
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Review the terms and conditions of the LAIF emergency account and sign the agreement.
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Submit the completed application form and required documents to the bank.
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Wait for confirmation from the bank that your LAIF emergency account has been successfully opened.

Who needs laif emergency accounts?

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LAIF emergency accounts can be beneficial for individuals who want to have a dedicated financial resource for unexpected situations.
02
Individuals with unstable income or irregular cash flow may find LAIF emergency accounts helpful in building a safety net.
03
People who want to have a separate fund for medical emergencies, home repairs, or other unforeseen expenses can benefit from having a dedicated LAIF emergency account.
04
Those who value financial stability and want to be prepared for unexpected events may choose to open a LAIF emergency account.
05
Parents or guardians who want to ensure their children's future financial security may consider opening a LAIF emergency account.
06
Businesses or organizations may also find value in opening a LAIF emergency account to handle unexpected expenses or cash flow disruptions.
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LAIF emergency accounts refer to financial accounts established under the Local Agency Investment Fund (LAIF) to manage funds during emergencies, allowing local agencies to access liquidity when needed.
Local government agencies, municipalities, and other qualifying public sector entities that utilize LAIF for emergency funding are required to file LAIF emergency accounts.
Filling out LAIF emergency accounts involves providing detailed information on the agency's financial status, the purpose of the funds, and the specific emergency for which the funds are being accessed.
The purpose of LAIF emergency accounts is to ensure that local agencies can quickly access necessary funds to address urgent needs during disaster situations or financial emergencies.
The report must include details such as the nature of the emergency, amount of funds needed, planned expenditures, and any other relevant financial information pertaining to the emergency.
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