Final answer:
Savings accounts are a true and reliable method for storing money for the future, offering easy access and high-level security backed by FDIC insurance up to $250,000, though paired with a low rate of return.
Step-by-step explanation:
The statement that savings accounts are a reliable way to store money for the future is true. Savings accounts offer financial investors an easy access to their funds and an extremely high level of safety. The security provided is far superior to that of keeping cash at home, such as hiding it in the toe of a sock. Moreover, the Federal Deposit Insurance Corporation (FDIC) further enhances this safety by insuring each depositor's funds up to $250,000 in the event of a bank's failure. While the risk associated with savings accounts is low, this also means that the rate of return is comparatively low, but the liquidity of the funds is high.