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IRA CD's - And Early Withdrawl Penalty

Ally6770
  |     |   4,312 posts since 2010

I believe that they meant to redeem the whole CD early. Pen Fed before Sept 2007 used to let us cash in our IRA CD once a year if you were 59 1/2 or older to get higher rates with no penalty. We only could do that one more time until maturity on the CD's opened before Sept 2007.

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