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FDIC insured certificates of deposit make sense for the investor looking for rock solid security with a good return.
- Terms range from 30 days to 5 years
- Interest payments by check, deposited to a PT&SB account or compounded.
- Penalties for early withdrawal
- $500 minimum opening deposit
- Traditional and Roth IRAs are available
- An 18-month certificate of deposit that allows additional deposits and a lower opening is also available
- Penalties for early withdrawal
- $500 minimum opening deposit
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