Eddie On Everything

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Entries for the ‘tax’ Category

When do you pay tax on a CD?

May.31, 2006 in finance, tax Leave a Comment

Question: Hi, I was wondering if there is any advantage to putting money into a CD versus a regular savings account (like Emigrant Direct or ING) if the rates are same or very close.
On the one hand, a savings account is more liquid than a CD. On the other, a CD [...]

Is there any advantage to putting money into a CD rather than a regular savings account if each pays the same rate?

May.30, 2006 in finance, tax Leave a Comment

Question: Hi, I was wondering if there is any advantage to putting money into a CD versus a regular savings account (like Emigrant Direct or ING) if the rates are same or very close.
On the one hand, a savings account is more liquid than a CD. On the other, a CD [...]

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Hello!

Welcome to my website! I use this as a place to record handy tips and tricks that I learn. I hope you find them useful.
 
I recently installed a forum on this site. I hope that people will use the forum to ask questions, start discussion topics, etc. There aren't many posts in there yet, but it's new, so help it grow by asking or answering a question.
 
As always, feel free to drop me a line if you have any questions.
 
Thanks,
Eddie