At 71 His $150,000 CD Will Quietly Renew at a Fraction of Today’s Rates. He’ll Have Only a Short Grace Period to Move It Without a Penalty
Source ↗
👁 1
💬 0
The post At 71 His $150,000 CD Will Quietly Renew at a Fraction of Today’s Rates. He’ll Have Only a Short Grace Period to Move It Without a Penalty appeared first on 24/7 Wall St..
The envelope looks like junk mail from his bank, but inside is a maturity notice for his $150,000 CD. One line in the fine print matters more than the rest: if he does nothing, the bank rolls the whole balance into a new CD at whatever rate it pays on that product that day.
Considering he’s 71 and re
The envelope looks like junk mail from his bank, but inside is a maturity notice for his $150,000 CD. One line in the fine print matters more than the rest: if he does nothing, the bank rolls the whole balance into a new CD at whatever rate it pays on that product that day.
Considering he’s 71 and re
Comments (0)