Changes

Generally speaking, the longer the contract term and/or the more deposited, the greater the [[interest rate]] offered.

Generally speaking, the longer the contract term and/or the more deposited, the greater the [[interest rate]] offered.

Any attempt to take money out of the certificate of deposit before its expiration date would result in a monetary penalty.  However in most cases the penalty can be deducted from taxable income.

Any attempt to take money out of the certificate of deposit before its expiration date would result in a monetary penalty, usually a forfeiture of a portion of the amount earned.  However in most cases the penalty can be deducted from taxable income.

==See also==

==See also==