Ask Terry Questions IRA CD’s

IRA CD’s

By Terry Savage on May 13, 2023 | Chicken Money

I am retired. What do you think of IRA CD’s? The rate is somewhere around 5% currently

Terry Says

That sounds fine to me. But double check that there is no penalty for cashing them in if you need to take a REquired Minimum Distribution (which starts at age 73 now).

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