So GM's bank can pay an affordable 4% on a two-year certificate of deposit.
Participants also had to own investments other than a bank savings account or certificate of deposit.
Just like your typical CD (certificate of deposit), there are a variety of maturities.
One of the securest investments you can make is a certificate of deposit.
One way to put really large amounts into CDs that will remain below the FDIC's limits indefinitely is the Certificate of Deposit Account Registry Service.
When he was still wet behind the ears, he and Stanislas Yassukovich came up with the idea of creating for these markets a negotiable certificate of deposit.
The boyfriend, Louis Jochim, said in an interview that Ms. Schuber knew he was pleased with his annuity and wanted one as an alternative to a bank certificate of deposit.
But if you have less than five years before your kid sits down to freshman composition, a risk-free certificate of deposit, money market fund or even a traditional savings account is a better bet.
The Social Security and pension fund annual increases based on the CPI made sense four decades ago when inflation was 12 percent and you could earn 12 percent in a plain vanilla bank certificate of deposit.
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Be aware that taking money out of a retirement account or selling securities at a sizable taxable gain rather than pulling cash from a certificate of deposit, money-market fund, savings or checking account could result in higher taxes on Social Security benefits if it bumps income above a certain threshold.
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