NFCU BONUS $100 TODAY ONLY

[dddfresh]

Oh crap really?

[dddfresh]

I swear they said 12 months!!

[RemyWinchester]

It's a 12 month Certificate of Deposit. So that cash is tied up for a year - then it's back to savings account ---- within the IRA.  You could early-withdraw and lose 10% value right away if you want to break the IRA account.  

Which would be a plus $85 for the year if you invested only $50, and Navy rewards you another $100, minus any other opportunity costs of that initial $50

[Scupra]

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@dddfresh wrote:
I swear they said 12 months!!

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12 months is the maturity date of the certificate. Any withdrawls prior to age 59 1/2 will result in 10% withholdings from everyones best friend, the IRS. She did confirm what you said though, certificate invested in an IRA account.

[Scupra]

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@RemyWinchester wrote:

It's a 12 month Certificate of Deposit. So that cash is tied up for a year - then it's back to savings account ---- within the IRA.  You could early-withdraw and lose 10% value right away if you want to break the IRA account.  

Which would be a plus $85 for the year if you invested only $50, and Navy rewards you another $100, minus any other opportunity costs of that initial $50

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annnnnd you beat me to it. My life and health does me well, but no series 6 or 7 yet!

[Scupra]

Also will throw in the special is until March 24th  

[dddfresh]

I feel semi-fooled and hope I didnt screw anyone else over!!!!

However, it still is a good deal if you ask me, even after the IRS takes 10%

[Scupra]

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@dddfresh wrote:

I feel semi-fooled and hope I didnt screw anyone else over!!!!

However, it still is a good deal if you ask me, even after the IRS takes 10%

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No it's a great deal!! Unfortunatley I work for State Farm and have my investments there. I am still contemplating it for the free $100! Never hurts to diversify your investments!

[dddfresh]

I agree. I like to "hide" it in different places. Hiding from myself. I just hope I dont forget where it all is ha Good thing its not much

[desie25]

I called about that and was told it was a glitch and they are not offering the bonus