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Author: Lokicious Big gold star, 5000 posts Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35367  
Subject: Re: I Bond to PenFed CD -- Nearly Instantaneous Date: 1/6/2007 2:46 PM
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So to answer Loki's question about timing. I think that you could wait until 1/31 to call PenFed (even if you don't already have an account there!) and get your 6.25% CDs. The debit wouldn't post to your account until 2/1 or 2/2. The main limitation is the $10,000 limit that PenFed places on ACH transfers. This is not a limitation on ACH itself -- I noticed that Vanguard can take up to $100,000 by ACH.

Good luck!

Thanks, Ken.

I just mailed in a check (mostly 5-year, with a bit for 7 year) from accumulted money, and my maturing 1/29 CD plus some 1/15 TIPS money will be well less than $10,000, as will any money I may try to squeeze from 1/31 paycheck. I think I'll do one CD on 1/29, then try for another on 1/31. Of course, February rates may be posted by 1/29, and it the same, I'll just wait and not worry.
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