Question

 Is a Certificate of Deposit an IRA?

Answer An IRA is a retirement vehicle that allows your money to grow tax-free. Traditional IRAs allow you to tax-deduct the money you put into the investment vehicle but you pay tax when you remove the mo... Read More »
http://www.ehow.com/about_7336455_certificate-deposit-ira_.html

Top Q&A For: Is a Certificate of Deposit an IRA

How do I calculate yearly deposit amounts based on total certificate of deposit amount?

Figuring the DepositAdd 1 to the interest rate per month, then raise the number to the power of the number of times the CD compounds. This is the interest factor. Divide the total amount of the CD ... Read More »
http://www.answerbag.com/q_view/2152781

What does certificate of deposit mean?

A certificate of deposit is a bank account that returns a fixed rate of interest for a fixed period of time. These accounts are covered by FDIC insurance, but impose a high early withdrawal penalty... Read More »
http://www.answerbag.com/q_view/2204241

What is a 30- to 60-day certificate of deposit?

A certificate of deposit is an account where the borrower, typically a bank, pays you a higher than market rate in exchange for your agreeing to leave your money with them for a set period of time.... Read More »
http://www.answerbag.com/q_view/2234214

Can a 401(k) be a certificate of deposit?

A 401k can be a certificate of deposit. A certificate of deposit is an appropriate savings method for any 401K plan. It is a safest choice to protect the principal. Unlike stocks and mutual funds, ... Read More »
http://www.answerbag.com/q_view/2195726


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