IRA CERTIFICATE OF DEPOSIT (IRA CD)

IRAs are the mainstay for many retirement strategies. And by adding a fixed rate certificate of deposit to your plan, you can help increase your savings with predictable interest earnings.

An IRA CD is FDIC-insured up to the applicable limits.¹ Your IRA CD can help you qualify for Crown Banking, our premier checking account package, with no monthly service fee. We offer several IRA CD choices with a variety of benefits.

Discover the Benefits of an IRA CD

Automatically renewable IRA CDs with terms from three months through 60 months and rates guaranteed to maturity
Money Market IRAs and 18-month Flexible IRAs that let you make contributions at any time
Roth, SEP, and Coverdell Education Savings Accounts (formerly known as Education IRAs)
A 12-month IRA Convertible certificate, which allows you to take advantage of interest rate increases
A 24-month Step Rate IRA CD, which offers automatic rate increases every six months, regardless of market conditions

Automatic Renewal Option

We will notify you when your IRA CD is about to mature. You’ll then have seven days to change your term or withdraw your CD funds without penalty. If you choose not to make any changes, your IRA CD automatically renews for the same term, at the current interest rate.

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¹ CDs are FDIC insured up to $100,000 per institution and offer a fixed rate of return, while the return and principal value of other investments will fluctuate with changing market conditions. A minimum deposit of [amount] is required. Generally, CDs may not be withdrawn prior to maturity.

Wachovia Securities does not provide legal, accounting or tax advice. Please consult with your own legal or tax advisors before making any decision that may have tax consequences.