- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Taking money out CD and putting into Roth
Posted on 11/25/14 at 9:04 am to LSUengineer12
Posted on 11/25/14 at 9:04 am to LSUengineer12
It depends...a CD is covered by the bank's deposit insurance and earns at a fixed rate. IOW, it will not go down in value.
A Roth is just a type of retirement account, and you will still need to determine how the funds in the Roth are invested. Depending on your investment choices, funds in the Roth can indeed erode in value.
A Roth is just a type of retirement account, and you will still need to determine how the funds in the Roth are invested. Depending on your investment choices, funds in the Roth can indeed erode in value.
0
Page 1 of 1
Back to top
Follow TigerDroppings for LSU Football News