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GE Credit Union has recently advertised some good rates - there are others, even some banks. IMO, I believe the rates overall will tend higher in the near term....
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Most credit unions are paying 5 to 6 percent on short term CD rates. The 6% penalty on the contribution is the real issue though.
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In August 2022, I made a $7,000 ROTH Contribution to a credit union because I believed our MAGI would be low enough to allow this Voluntary ROTH Contribution.In...
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TURBOTAX PREMIER.
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