Personal Finance and Investing

It may be on the back of the form you should have had to sign when you renewed them. If not, get it in writing. I know I did.

Many people at this same credit union told me they've never heard of this "rule" that was in place when I renewed them at 2.76%. However, it is indeed true and I have it in writing via a personal letter I received from the head of the credit union. I printed this out and have it locked up in my safety deposit box for safe-keeping as no, I do not trust these people, none of them one tiny little bit.

Its a dog eat dog world out there and when I call them on the phone, I'd guess that about 90%++ of the people that answer calls have no idea what I am talking about with respect to being able to purchase another IRA CD at a higher rate without any penalty should rates go up and I am 59-1/2 years of age.

As you mention these "rules" are indeed ever changing and that is exactly why you should get this in writing! I cannot emphasize this enough!!

Best of luck.