Is a certificate of deposit considered a security?

Answer Certificates of deposit (CDs) are considered a low-risk vehicle for saving money. Most CDs are not considered securities since the saver does not incur a risk of loss. To ensure that a CD is not a ... Read More »

Top Q&A For: Is a certificate of deposit considered a security

Is a certificate of deposit considered cash?

A certificate of deposit (CD) is not considered cash, but it is considered a cash equivalent. A CD provides quick access to your cash, gives a stable rate of return and increases short-term securit... Read More »

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 »

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 »

Is a Certificate of Deposit an IRA?

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 »