Account categories
Depository
Accounts where you hold cash. These count as assets in your net worth.- Checking - everyday spending
- Savings - regular savings accounts
- Money Market - higher-interest savings
- CD (Certificate of Deposit) - fixed-term savings
- Prepaid - prepaid card accounts
Credit
Revolving credit. These count as liabilities.- Credit Card
- Line of Credit - flexible borrowing
- Checking Line of Credit - overdraft credit line linked to a checking account
Investment
Accounts where your money is invested. These count as assets.- Brokerage - taxable investment accounts (stocks, bonds, funds)
- Retirement - 401(k), 403(b), IRA, Roth IRA, Rollover IRA, Pension, ESOP
- Education savings - 529 plans
- HSA - Health Savings Accounts
- Annuities - fixed and variable
Loan
Money you owe. These count as liabilities.- Mortgage
- Home Equity Loan
- HELOC (Home Equity Line of Credit)
- Auto Loan
- Student Loan
- Personal Loan
- Small Business Loan
- Other secured loans
How account types affect your net worth
- Depository and Investment balances are counted as assets and add to your net worth.
- Credit and Loan balances are counted as liabilities and subtract from your net worth.
Categorization comes from your institution, not MyTruv. If a specific subtype isn’t recognized, the account still appears under the broader category (for example, an unusual loan still shows up under Loan). MyTruv doesn’t currently let you re-classify accounts manually.