Brokered cd survivor options
Preservation of Estate Assets: CDs may help investors brokered cd survivor options their investment needs and goals while also providing principal protection. Our Financial Advisors have access to CDs issued by hundreds of issuing banks and can help determine which type may be appropriate for you.
Please consult with brokered cd survivor options tax advisor regarding the suitability brokered cd survivor options CD investments in your portfolio. CDs present certain investment risks that you should discuss with a Financial Advisor prior to making an investment decision. Redemptions of CDs prior to the maturity date may result in significant loss of principal due to changes in interest rates and limited liquidity of the CDs in the secondary markets.
Each CD is a deposit obligation of a U. Interest paid on the CD cannot remain on deposit at the depository institution and will be paid to the depositor according to the terms of the CD. FDIC insurance coverage is limited for each depositor.
Investors with certificates of deposit from the same institution but which are held in multiple accounts or firms brokered cd survivor options verify that they do not exceed their aggregate insurance limit for their combined deposits. Total deposits principal plus interest that exceed the specified maximum are considered uninsured for the excess. Any premium paid over par value is not FDIC insured. FDIC insurance maximum coverage: FDIC insurance coverage for trust accounts varies depending upon several factors, including but not limited to trust type, trust ownership, number of beneficiaries and relationship of beneficiaries to the trust owner.
Brokered cd survivor options owners should consult with their legal advisors to determine how FDIC insurance applies to their particular trusts. While UBS currently intends to make a secondary market for all CDs purchased by clients through the Firm, it might decide at any time not to make such a market for any such CD or discontinue doing so without providing notice to clients.
Therefore, any premiums in the estimated value on a statement are not insured. In addition, if a CD is sold prior brokered cd survivor options maturity, the price received may be less than the price originally paid at purchase. Certificates of Deposit CDs are time deposits issued by banks and savings associations. In addition to offering monthly, quarterly or semiannual interest payments, CDs offer a variety of coupon structures, some of which are callable at the option of the issuer.
Certificates of Deposit also offer: