Individual retirement accounts CDs with a decent yield are hard to find. Here are three of the best: Top IRA CD Rates for 12 Month Term Bank or Credit Union APY Minimum Deposit Term Melrose Credit Union 1.10% $4,000 12 Months Discover Bank 0.90% $2,500 12 Months Top IRA CD Rates for 24 Month Term Bank or Credit Union APY Min. Deposit Term Melrose Credit Union 1.36% $4,000 24 Months Avidia Bank 1.31% $500 24 Months Top IRA CD Rates for 36 Month Term Bank or Credit Union APY Min. … [Read more...]
DiscoverBank’s 10 Year CD Paying 2.50% APY
DiscoverBank has climbed to the top of 10 year CD rates offering 2.50% APY with a minimum deposit of $2,500. Not only that DiscoverBank's 10 year IRA CD offers the same high rate. What you Need to Know DiscoverBank stands out from the crowd for a couple reasons. Not only have they consistently offered top tier rates over the years, but they also offer a full product line of IRA CDs. This is important, because interest income is taxed at your highest marginal tax rate. Taxed or … [Read more...]
Serious Gifts for Opening a CD – GiftsforBanking.com Review
Flushing Savings Bank owns iGObanking.com and GiftsforBanking.com. Both sites offer CDs but is it better to choose a higher yield or a gift? To decide this, I will compare the dollar amount of interest you would earn by choosing to not get a gift with the retail value of a sample of gifts. 2 Year CD Minimum Deposit of $5000 to Get Gift CD rate at iGObanking.com (no gift): 1.25% APY CD rate at GiftsforBanking.com (gift): 1.00% APY Amount of interest lost on a $5k deposit over 2 … [Read more...]
