The rates will vary depending on the amount of cash put in the cd and how long you will keep it there. A three month cd can have a rate of .89% and a jumbo five year could have around a 3% rate.
No. Certificates of deposit should be classified as cash equivalents or short-term investments. This is because there are usually restrictions or penalties on these securities when they are converted to cash.
A CD (certificate of deposit) is federally insured, so your money should still be available even if the original bank who issued you the CD closed. A good place to start would be to consult with a banking specialist or attorney.
You should be able to go into the bank and they can look up the information for you if you provide photo i.d.
To register for direct deposit at Market Basket, you should visit their official website at www.marketbasketfoods.com. Look for the "Careers" section, where you can find information on employee benefits, including direct deposit registration. Alternatively, you can contact the HR department for specific instructions and assistance.
Most banks require that a home buyer put down at least 25% of the value of the home on the deposit. Should one be able to put down more then the minimum deposit they could possible get a better interest rate on their mortgage.
A certificate of deposit is best for savings as they have a fixed interest rate. The drawback is that you should not cash it in until it reaches maturity.
Ask them what the minimum deposit is. Be sure to inquire about any withdrawal penalties and what type of earnings you can expect.
No, the monies that are in your Certificate of Deposit are not taxable but the interest that you make on the deposited monies are taxable. You should receive a 1099-B each for the amount of interest made on the CD for the year. http://taxresolutionaries.blogspot.com
In if you lose the actual document for my bank certificate of deposit. You can do 2 thing ask the bank for another copy or if have a online bank you can obtain your history.
Could you be more Specific?
No. Certificates of deposit should be classified as cash equivalents or short-term investments. This is because there are usually restrictions or penalties on these securities when they are converted to cash.
You do not need a certificate of deposit (also known as a CD) to deposit money into an account - unless you are attempting to deposit money into a CD account. Most banks only require you to have a regular savings account opened to be able to deposit money into a checking account for free. However, these terms vary by bank depending on which one you are using. Generally speaking, however, you should not have to open a CD to deposit funds into a regular checking account.
Yes. It should be OK. Certificate of Deposits are important documents that carry a value (as much as the money you deposited with the bank + interest). So, it is important to keep them in a safe place and a safe deposit box should be perfectly fine.
A CD (certificate of deposit) is federally insured, so your money should still be available even if the original bank who issued you the CD closed. A good place to start would be to consult with a banking specialist or attorney.
Sure. If you win the landlord walked through the apartment and found that everything was okay, you should expect your deposit to be returned to you. If it doesn't, you have the right to contest such.
You should be able to go into the bank and they can look up the information for you if you provide photo i.d.
To register for direct deposit at Market Basket, you should visit their official website at www.marketbasketfoods.com. Look for the "Careers" section, where you can find information on employee benefits, including direct deposit registration. Alternatively, you can contact the HR department for specific instructions and assistance.