Eddie On Everything

Tips & tricks on things that interest me

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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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. -Eddie

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