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Fixed Income -- Juice Your Returns

As of the time of this writing, Justice Federal Credit Union of Washington DC had a 6.25% APY 2-year CD and a 6.35% APY for amounts of $100K or more. In order to qualify for membership, however, you may need to join the National Sheriffs Organization at a one time cost of $35, which would lower your APY by 0.02% for a $100K amount.

Alliance Bank in Culver City, California, has a deal I'm pretty excited about. It's a 3 year IRA CD that pays a variable rate of prime minus 1.5%. With compounding, that equates to an incredible 6.98% APY! Booyah! Sure the rate could go down, but this CD only has a 3 month surrender charge.

The article also mentions a few other places with track records of high CD rates such as Pentagon Fed.

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