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How to avoid CD early withdrawal penalties

Por: CBS News Business June 09, 2023

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Don't let early withdrawal penalties chip away at your CD earnings. Getty Images/iStockphoto A is a great tool for savers who want to earn a higher interest rate than typical savings accounts offer. It's a , but it does come with a catch: If you need to access your funds from the CD before it matures, you may have to pay an early withdrawal penalty. This penalty is usually a percentage of the interest you've earned to date, but it... + full article



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