What we charge and why
We will only charge an early withdrawal penalty if you make a withdrawal before the CD matures. For all CDs, the early withdrawal penalty equals 60 days' interest, based on the interest rate in effect at the time of the early withdrawal.
Remember, your withdrawal may be subject to a 10% IRS tax penalty if made before age 59½. You may want to check with the IRS or a tax professional before making withdrawals from your IRA.
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