The best nationally available 5-year CD yield is still 2.00%. This is available from 5 all-access credit unions. One all-access credit union fell out of this club. Eli Lilly Federal Credit Union ended its special 2% 5-year CD. The yield is now only 1.41%, so it's no longer listed below. On the plus side, I added Pinnacle Federal Credit Union to this 2% club. Anyone can qualify for Pinnacle membership by joining the American Consumer Council. One downside is that Pinnacle doesn't have an online application. If you don't live near a branch, the application must be sent by mail...READ MORE>>>Survey of the Best CD Rates for October 19, 2012
Individual Retirement Accounts Inside IRAs Individual retirement accounts, or IRAs, are tax-advantaged investment accounts that help individuals save for retirement. The money you put into an IRA is used to invest in stocks, bonds, and other assets. Anyone who earns an income—regardless of whether they are a full-timer, a part-timer, or a contractor—can open and invest in an IRA. IRAs are often good solutions for people who don’t have the option to invest in a 401(k) ( 1440 Topics )—or for those who want to put even more money aside for retirement. Depending on the type of IRA someone gets, they will have access to either a tax-deferred or...

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