upon selling my home I will need to find a cd with no penalties for withdrawals to earn at least 5% Interest

Asked by Helen, New York, NY Thu Jul 30, 2009

The funds we received from the sale of our home
will be the equivalent of a
401K for us - we have no pensions
or company 401K accounts
and we do not want to dig into
the principal from the sale
of our home. Know where I
can get what i'm looking for
in this economy. Thanks for
your help. Helen

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Answers

2
Anna M Brocco, Agent, Williston Park, NY
Fri Jul 31, 2009
Shop around by checking as many banks as possible and go with the product you are most comfortable with.
0 votes
W. Michael K…, Agent, Spokane, WA
Thu Jul 30, 2009
Go to your time machine and travel backwards two years and you will see 5%! You'd be lucky to get 2.0%.
0 votes
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