Monday, February 27, 2012 - 8:57 AMCan Add On To Existing IRA CD Before 4/30
Navy Federal Credit Union (
0 stars) -
DetailsIf you have an existing Trad or Roth CD at Navy Federal, you can add on before April 30 and get the same rate as the existing CD. Not on their website. They did without my asking. IRA Dept agent explained.
9
cactus49 posts since
Jan 17, 2010
Rep Points: 343
1. Monday, February 27, 2012 - 10:31 PMCactus, Do you know if this is for new contributions only or can you add rollover $ new to an existing Navy Federal CD?
1
emory15 posts since
May 26, 2011
Rep Points: 49
2. Wednesday, February 29, 2012 - 5:39 AMIt was a trustee to trustee transfer from another credit union.
2
cactus49 posts since
Jan 17, 2010
Rep Points: 343
3. Wednesday, February 29, 2012 - 10:46 PMThank you, Cactus.
I was informed that NFCU will allow additions for trustee to trustee, new contributions, or indirect rollovers to an existing IRA CD.
1
emory15 posts since
May 26, 2011
Rep Points: 49
4. Saturday, March 31, 2012 - 9:36 PMThe IRA department told me today that the decision to allow funds to be added to existing CDs during the period January - April is not automatic, but is reviewed every year. This "undocumented benefit" is good to keep in mind going forward.
1
pearlbrown1,030 posts since
Nov 2, 2010
Rep Points: 3,965
