There are several steps to opening a savings account. Select all of these steps. 1. Collect all the required information. 2. Order checks. 3. Go to the bank and sign the necessary bank forms. 4. Choose a director for the account. 5. Complete a W-2 form. 6. Fill out a deposit slip and deposit at least the minimum amount of money.

To open a savings account, the following steps are generally involved:

1. Collect all the required information: This typically includes personal identification (such as a driver's license, passport, or other government-issued ID), Social Security number, and proof of address (like a utility bill or lease agreement).

2. Go to the bank and sign the necessary bank forms: This step involves visiting a bank branch or going online (if the bank offers online account creation) to complete the application process, which includes signing the terms and conditions of the account.

6. Fill out a deposit slip and deposit at least the minimum amount of money: Most savings accounts have a minimum deposit requirement to open an account. You'll need to fill out a deposit slip with your account information and the amount you're depositing, followed by depositing the money into your new account.

Steps 2 (Order checks), 4 (Choose a director for the account), and 5 (Complete a W-2 form) are not typically involved in opening a personal savings account.

Checks are more commonly used with checking accounts rather than savings accounts. Choosing a director applies to business accounts, not personal savings accounts. Finally, a W-2 form is a tax document provided by an employer, not something used to open a bank account.

Extra: Opening a savings account is a fundamental financial step and helps in managing personal finances. Savings accounts are offered by banks and credit unions and are intended to hold money that you don't plan to spend immediately. They can earn interest over time, helping your savings to grow.

To encourage saving habits, these accounts often have lower minimum balance requirements and fewer withdrawal permissions compared to checking accounts. Interest rates vary by the institution and savings account type. In the digital age, aside from traditional banks, there are also online banks that might offer higher interest rates.

Remember, while savings accounts have many benefits, they often limit the number of certain types of withdrawals or transfers you can make each month without incurring a fee. It's essential to understand the account's fee structure, interest rate, and terms before opening a savings account. Also, ensure that your savings are insured by agencies like the Federal Deposit Insurance Corporation (FDIC) in the United States or its equivalent in other countries, which protect funds in bank accounts up to a certain limit.