Account Features
| [icon-no] | IRA Money Market Account | 18-Month Variable Rate IRA CD |
|---|---|---|
no Minimum to Open | IRA Money Market Account $100 | 18-Month Variable Rate IRA CD $100 |
no Contributions | IRA Money Market Account May be made any time, provided they meet IRS eligibility requirements. | 18-Month Variable Rate IRA CD May be made any time, provided they meet IRS eligibility requirements. |
no Distributions | IRA Money Market Account No bank penalty assessed on distributions. | 18-Month Variable Rate IRA CD Distributions prior to maturity may result in bank penalty of 90 days' interest on the amount distributed. |
no Penalties | IRA Money Market Account IRS penalty may apply on nonqualified distributions. | 18-Month Variable Rate IRA CD IRS penalty may apply on nonqualified distributions. |
no Interest | IRA Money Market Account Rate can vary and is compounded and credited monthly. | 18-Month Variable Rate IRA CD Rate can vary and is compounded and credited monthly. |