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VIBE CU Is Still Offering Their 5 Year 2.5% CD For Michigan Residents. Navy Federal CU Is Still Offering Until The End

Ally6770
  |     |   4,307 posts since 2010

of April, for those that qualify, additional deposits to their existing IRA CD's. These can be from maturing IRA CD's, your yearly contribution or a Roth conversion. 

Just remember if you are of RMD age that the first funds taken out are considered your RMD even though it is meant to be a conversion. 

I usually make my conversion at the end of DEC. and have it put into a Roth savings account until I find out if the same offer will be considered the first of the year. Usually the conversion amount is deposited into a traditional IRA savings account and then transferred into a Roth savings account and then transferred out to Navy or to another CD. 

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