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Finance → Retirement → Individual Retirement Accounts
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  • Official Know-It-All
    A CD IRA account refers to an individual retirement recount (IRA) that puts its funds in certificates of deposit (CDs). CDs are very secure investments because they are covered by FDIC insurance but have a lower average return than riskier investments such as stocks or mutual funds.

    Source:

    DiscoverBank.com: IRA CD Accounts

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