The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  reinvesting IRA CD to IRA money markets Date:  1/5/2000  8:12 PM
Author:  rainbow40 Number:  17404 of 88063

Is it possible to simply withdraw my IRA CD at 5% (i will have to pay a small penalty) and reinvest it in an IRA money market with 15 or 16% interest and not worry about any problems at tax time. I also have savings bonds in my childrens name and all have matured. I would like to invest them in money market accounts.
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us