So do we jump back in the market with our 401`s?

[hollysmom]

40. I don't know how many wys I can say this - no

these are your every day normal bank CDs, there is a minimum age to be able to do this, it is due to a federal law, it has the same interest rates as all the other CDs offered by the banks, you can't cash them in, you can not withdraw money without a penalty, all you can do is change the terms of the CD. SO, if I suddenly discover I will need money next season, I will go into the bank, and change a cd from 6 years to 3 months, then I can get the money in 3 months without a penalty. you can only do this once per year per CD.

You won't believe it if I call, why don't you ask your bank. They are not brokered CDs. I have been doing this for years. No one seems to believe me until they find they can do it themselves. Just like when my dog started talking, even my mother did not believe me until she heard the dog speak to her. - not a conversation, just a few words that made her needs easier to understand. Out, food, home.

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