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Edited November 14, 2022
at 12:37 PM
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CIT Bank, our partner, offers the following benefits with their
13-Month Term CD.- No account opening or maintenance fees
- Daily compounding interest to maximize your earning potential
- FDIC insured
- See site for details
Slickdeals may be compensated by CIT Bank
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$920 - ($920 x (25% + 9%)) = $607.2
You can use above example to plug in your real tax bracket percentages to get your own number. It's a bit difficult to show the calculation of interest on here but you can find interest calculator on web.
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I think this is the one that they were referring to:
https://www.andrewsfcu.
In fact, I got away from CIT for that very reason.
5%, 7 months
When I search Treasury on Fidelity it showing so many US Treasury Bills Zero Coupon. Which one should I choose ? Also What is Yield To worst ? Thank You so much !
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When I search Treasury on Fidelity it showing so many US Treasury Bills Zero Coupon. Which one should I choose ? Also What is Yield To worst ? Thank You so much !
https://www.treasurydir
2. Log in. Click on BuyDirect in the upper left corner.
3. Under BuyDirect, select Bills (less than one year bills), then click Submit.
4. Select number of week, purchase amount, source of fund, and destination for the last maturity payment (I use the same bank for both options). Click on VIEW RECENT AUCTION RESULTS to see current rate.
5. Click submit.
https://www.andrewsfcu.
It also states that at maturity it automatically converts to a 12 month cd at the current rate. Not familiar enough if there's a way to prohibit that from happening
Because that poster is 98 years old and he is probably talking about the old limit from when he was in kindergarten. 😂
That's how all FIXED INCOME works. It is a contract where they tell you you will get all your agreed upon funds by the maturity date.
https://www.treasurydir
2. Log in. Click on BuyDirect in the upper left corner.
3. Under BuyDirect, select Bills (less than one year bills), then click Submit.
4. Select number of week, purchase amount, source of fund, and destination for the last maturity payment (I use the same bank for both options). Click on VIEW RECENT AUCTION RESULTS to see current rate.
5. Click submit.
Thank you for your time helping me.
Fwiw, I'd recommend having several MMA accounts and moving money around to get best rate.
Several banks create new names that force you to open a new one in order to get best rate (i.e Capital one). It takes 5 minutes to open a new account and move money over.
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