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CD early withdrawal penalties: What you need to know

Por: CBS News Business August 15, 2023

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Before you open a CD, it's important to understand early withdrawal penalties and the best ways to avoid them. Getty Images/iStockphoto If you're looking for a safe place to put your savings while also earning interest, a is a solid option. CDs typically offer higher interest rates than savings accounts (even high-yield ones). Plus, your rate is locked in when you open the account, which protects your earnings if rates eventually... + full article



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