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Just because someone dies does not mean the cd has to be withdrawn. It can be inherited. It is withdrawn the estate would pay the penalty.

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13y ago

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How long do you have to keep your money in a CD?

This varies some CDs are one year and some are five years before you can take it out without being penalized. The best thing to do is contact your bank and find out what types of CDs they have to offer.


What are the different types or variations of CDs?

There are several types of Certificates of Deposit (CDs), including traditional CDs, which have fixed interest rates and terms; bump-up CDs, which allow for a one-time interest rate increase; and no-penalty CDs, which permit early withdrawal without a penalty. Additionally, there are variable-rate CDs, where interest rates can fluctuate over time, and brokered CDs, which are purchased through a brokerage and may offer different terms and rates. Each variation caters to different financial needs and investment strategies.


Does NC require CDS certification?

Yes, North Carolina requires Child Development Specialist (CDS) certification for individuals working in certain early childhood education roles. This certification is part of the state's efforts to ensure that professionals in early childhood settings meet specific educational and training standards. To obtain CDS certification, candidates typically need to complete relevant coursework and demonstrate practical experience in the field.


How are CDs classified?

Certificates of Deposit (CDs) are classified based on several criteria, including maturity period, interest rate type, and liquidity. Maturity periods can range from short-term (a few months) to long-term (several years). Interest rates can be fixed or variable, and liquidity can vary, with some CDs allowing early withdrawal with penalties, while others may be more flexible. Additionally, CDs can be categorized into traditional, jumbo, and brokered CDs based on their deposit amounts and where they are purchased.


Which one is better cds or vinyl records?

cds are better cds are better


John has 15 more cds than micheal together they have a total of 55 cds how many cds does micheal have?

20 cds


Different Types of CD?

Certificates of Deposit (CDs) come in various types, including traditional CDs, which offer fixed interest rates and terms, and high-yield CDs, which typically provide better rates for larger deposits or longer terms. There are also no-penalty CDs that allow early withdrawals without fees, and bump-up CDs that permit rate increases if market rates rise. Additionally, variable-rate CDs have interest rates tied to a benchmark, adjusting over time. Each type caters to different financial goals and liquidity needs.


John has 15 more music cds than Michael together they have a total of 55 cds how many cds does Michael have?

Michael has 20 CDs


John has 15 more music CDs than Michael. Together they have a total of 55 CDs. How many CDs does Michael have?

Michael has 20 CDs


Kayla has x Cds in her music collection if miriam has 7 fewer Cds than Kayla how many Cds does Miriam have?

Since there isn't enough data to actually find the number of Cds miriam has, we must simply write and expression for the number of Cds she has. Since Kayla has x Cds and Miriam has seven less;Miriam has x-7 Cds.


What is the best way to invest in money CDs for dummies?

The best way to invest in money CDs for beginners is to research different banks and credit unions to find the best interest rates and terms. Look for CDs with higher interest rates and shorter terms if you want more flexibility. Make sure to consider the penalties for early withdrawal and the minimum deposit requirements before investing.


How many cds does SimCity 4 have?

Two (2) CDS

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