Sentences with phrase «withdrawal of certificates of deposit»

Ask them to waive any penalties on early withdrawal of certificates of deposit.

Not exact matches

Members can continue to add deposits to their Smart Saver certificate anytime during the term and can take one withdrawal during the term of the CD without a penalty.

Certificates of deposit usually pay even more, but your money is locked up until the CD's maturity date, unless you're willing to pay the early withdrawal penalty.

CASH INVESTMENTS INCLUDE THINGS like Treasury bills, savings accounts, money - market deposit accounts, money - market mutual funds and certificates of deposit, where there's little chance you will lose money and which can typically be sold at short notice (though, in the case of CDs, there will usually be an early - withdrawal penalty).

The stated annual percentage yields assume no withdrawal of principal or interest during the term of the certificate of deposit.

Early withdrawal penalties may be charged on certificates of deposit.

And unlike a certificate of deposit, you don't have to wait for your money to mature to make a withdrawal.

Definition: A CD, or certificate of deposit, is a savings account that has a fixed interest rate and fixed date of withdrawal, known as the maturity date.

For example, deposit accounts include savings accounts, Negotiable Order of Withdrawal accounts, checking accounts, certificates of deposit and money market accounts.

For certificates that consist of IRA deposits: Principal withdrawals exempt from penalty are those that are reported to the Internal Revenue Service as required minimum retirement distributions in accordance with applicable IRA regulations.

Features: Free Online Banking & Bill Pay, including 10 free mobile deposits per statement cycle2 Round Up Savings Available3 Overdraft Protection Available4 Combined Statements Available5 Check images with statement6 ATM / VISA Debit Cards available upon request No fee charged by AFB for ATM withdrawals Rebates of fees charge by out - of - network ATM owners, up to $ 20 per statement cycle (U.S.ATMs only) 7 One box of club checks annually at no charge8 One free 3 × 5 safe deposit box or 50 % percent discount on all other size safe deposit boxes (subject to availability) 9 Unlimited free cashier's checks10 Premium Rates on Certificates of Deposits (excludes specials) 11 Free access to AFB's 24/7 Toll Free Phdeposits per statement cycle2 Round Up Savings Available3 Overdraft Protection Available4 Combined Statements Available5 Check images with statement6 ATM / VISA Debit Cards available upon request No fee charged by AFB for ATM withdrawals Rebates of fees charge by out - of - network ATM owners, up to $ 20 per statement cycle (U.S.ATMs only) 7 One box of club checks annually at no charge8 One free 3 × 5 safe deposit box or 50 % percent discount on all other size safe deposit boxes (subject to availability) 9 Unlimited free cashier's checks10 Premium Rates on Certificates of Deposits (excludes specials) 11 Free access to AFB's 24/7 Toll Free PhDeposits (excludes specials) 11 Free access to AFB's 24/7 Toll Free Phone Bank

ANSWER: A short - term certificate of deposit pays about the same as a money market account, and the money market does not have any penalties for early withdrawal.

Certificates of deposit have early withdrawal fees which can amount to a substantial portion of the interest earned before the withdrawal (each bank has different rules on this).

FDIC insurance covers all deposit accounts at insured banks and savings associations, including checking, NOW (Negotiable Order of Withdrawal) accounts, savings accounts, money market deposit accounts, and certificates of deposit (CDs) up to the insurance limit.

Other adjustments to gross income include moving expenses, certain business expenses for reservists, any penalties paid for an early withdrawal of savings from, for example, a certificate of deposit, and alimony paid.

Overall, the account is a great option for anyone who wants the flexibility of earning a high interest rate on a sum of money you've stashed away, minus the withdrawal restrictions of a certificate deposit.

Notice to California Residents Age 65 or Older: In the process of evaluating the purchase of any life insurance or annuity product, you should understand that the sale or liquidation of any stock, bond, IRA, certificate of deposit, mutual fund, annuity, or other asset to fund the purchase of this product may have tax consequences, early withdrawal penalties or other costs or penalties as a result of their sale or liquidation.