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Jumbo Accounts
Can someone help by explaining the logic of offering a way lower APY for jumbo accounts vs other cd's. They are getting a ton more new $$ in with a jumbo, so it doesn't make sense ... read more
Navyfed: No More IRA Add-Ons?
Called NavyFed today, spoke to 2 different reps. Both looked to see if there was any announcement about their (typical in the past) Add-On period for IRA CDs from early Jan to mid-... read more
CD Maturity
I opened four 60 month cd's at Capital One bank on Dec 27th, 2022. The $ was added to the accounts electronically on Dec 30th, 2022. The maturity date of the cds is Jan 3rd, 2028. ... read more
Live Oak's Sluggishness
I have been a long time LO client. I just sent them this email and am wondering if any of the posters bother sending messages like this. Might help???
With such a multitude of Ban... read more
Is It Time?
Good Morning & Merry Christmas everyone. In light of this quote “Be careful if you’re waiting for higher long-term CD rates. As we have seen in the last two months, they may not ge... read more
BMO Harris Bank
Has anyone had any experience with BMO Bank other than lack of higher rates in areas that don't have a brick and mortar branch? They have 4.5% APY on all CDs 12 months and longer. ... read more
Beginning Required Minimum Distributions In 2023
I will have to begin taking RMD's for the first time next year. I would greatly appreciate it if anyone could help me with the following question and any advice about beginning RMD... read more
IRA Transfer Fees + Question
Hi, please help w/your thoughts, as trying to figure out what to do.
There are some FIs with good IRA rates currently, but with high IRA Fees (GTE charges $50 each time they send ... read more
Annuity Vs Long Term CD
Have been following DA for quite awhile and found the comments from many of you very beneficial. My question is regarding a 6 or 10 year annuity through Fidelity USAA which is A++ ... read more
Fidelity Cash Management Account (CMA) Experience?
Fidelity brokerage offers an alternative to a bank checking account called a Cash Management Account. Deposits are swept into program banks that all pay the same rate, currently 2.... read more
Are I Bonds Still A Good Investment In January 2023?
Friends,
As we know, I Bonds were excellent investments in 2021 and 2022. Entering 2023, I’m debating if it makes as much sense to purchase the 6.89% in January not knowing what th... read more
Early Withdrawal Penalty At American 1 Credit Union - Can Anyone Explain Better Than The Credit Union?
I have a $235,000. 5 year CD at American 1 Credit Union earning 2% that matures 6-5-25. This CD’s interest is not compounded and the interest transfers monthly to a saving a saving... read more
Why Did Treasury Yields Go Down Today (12/14)?
Feds raise rates today 0.50%, state that the FFR should be 5+% in 2023, more increases coming in 2023, higher rates may stay until 2024/2025.
So why did Treasury yields go down to... read more
Withdrawing Funds Before Interest Post
I never thought this was a thing but read a post on this forum that said that some banks won't credit you for interest if you pull funds out before interest payout date? If so any ... read more
UFB Direct Questions
How many ACH accounts are allowed, and do they use ChexSystems for credit check. Also if they don't use CS, do they initiate a soft or hard inquiry. Thanks... read more
Should I Add On To A 3.25 Percent 5 Year Cd Maturing In 2024
I have a 5 year add on cd at Freedom CU which I opened when Ken suggested it at the beginning or 2019. I do have 5 pods listed on the account and I am already over the 250 limit bu... read more
Opening CD At Inova CU Branch
I'm looking to open a 5.50% 17 month CD at Inova CU. I qualify versus residency and was planning to open in person to speed up membership and account funding process. I called home... read more
JONESBORO STATE BANK 5.100000 12/13/2032 Callable CD At Fidelity
What does everyone think of the 10 year 5.10% callable CD from JONESBORO STATE BANK at Fidelity? It pays monthly.
I do not care if it gets called. That would free my money for som... read more
A CD's EWP Tax Break And The IRS
Hello,
From past experience with my tax guy, I know you can write off, on your taxes, the EWP you have to pay a bank/CU if you break a CD early. I remember at least once receiving ... read more
High Rates---Horrible Reviews
It seems pretty consistent that the FI's that offer the better rates also have the most horrific reviews. I try to move past that and look hard at the FI's overall performance and ... read more