Add-On IRA CDs

Once again, Navy Federal is accepting additions to existing IRA CDs, including Trustee to Trustee transfers, through April 30. It's not on their website, but I confirmed it by phone and have already faxed them a copy of their Trustee to Trustee transfer form.

I'm transferring funds from a CD which has one year to maturity into a Navy Federal CD which pays 3.4% and matures in 2018.

I have been assured by Navy Federal that, since I'm over 70 1/2 years old, I can withdraw any amount at any time for any reason without penalty, but would be happy to receive confirmation here from forum members.