For the sake of diversifying risk, my wife and I have much of our retirement savings in IRA CDs at three different banks.
They all do the same slimy thing, so I suspect this is something that most banks do: whenever one of our IRA CDs matures, we have to call the bank and explicitly tell them to roll it over into a new CD with a decent interest rate. One of our banks even makes us do it in person. If we don't call or visit, it gets converted into a 0.05% CD. Ridiculous.
#personalFinance (1/2)
Jonathan Kamens 86 47
npub1zn…7e3n6
2026-03-12 14:50:31 UTC
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2026-03-12 14:50:31 UTCEvent JSON
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