ANSWER: All of the above!
Many people who are close to, or already in retirement choose to hold funds safely in an IRA CD. If this is something you’d like to learn more about, stop by one of NVE Bank’s convenient neighborhood branches located throughout Bergen County, or call us at 1-866-NVE BANK (683-2265) for information on retirement account options, including our current 25-month IRA CD special*.
*Annual Percentage Yield (APY) is effective as of 3/25/19 and subject to change without notice. Penalty for early withdrawal. Available through 4/15/19. New funds required. Other terms and rates available. Fees could reduce earnings on the account. Minimum amount of $5,000 is required to open this account. Maximum amount of $250,000 per tax ID. Interest payments are rounded to the nearest cent. As a result, low balance accounts may not be paid interest. Available only to persons who reside or work in New Jersey. Your contributions may be tax deductible. Consult your tax advisor. NVE Bank is not responsible for any typographical errors.