3 ms·

It's insured, so...

• deleted 3y ago
  [deleted]
• 005 3y ago
  Only for $250K though?
  • kasey_junk 3y ago
    You can only buy 150k worth.
    • mlyle 3y ago
      (And interest can be withdrawn penalty-free at any point, so you can keep it under $250k).
• screamingninja 3y ago
  > Note that in the case that you withdraw the CD before 10 years, the penalty would reduce the principal value of the CD.
  • mlyle 3y ago
    Guessing at what you're trying to say and responding accordingly: You don't get an early withdrawal penalty from your bank failing. It's only if you electively withdraw the funds.