My late Dad set up IRA's for me and my brother, I got in on a 5 year CD with Ally Bank with a 2 mo. EWP. However, I am only able to take out the RMD each year (about $5K) and not the accrued interest as that is considered breaking the terms.
The CD will be ending soon, and I'm curious if all banks operate this way. The availability of the extra interest would be beneficial.