Skip to main content
Level 1
June 4, 2019
Solved

Does a 60 mos CD count as retirement savings contribution?

  • June 4, 2019
  • 1 reply
  • 21 views
No text available
Best answer by MichaelL1

Only contributions to a retirement account count.  

The IRA can be invested in a CD.  But having a CD on its own does not count for the saver's credit. 

1 reply

MichaelL1
MichaelL1Answer
Level 15
June 4, 2019

Only contributions to a retirement account count.  

The IRA can be invested in a CD.  But having a CD on its own does not count for the saver's credit.