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Traditional CDs can be found at banks or creditunions, insured by the Federal Deposit Insurance Corporation (FDIC) or the National CreditUnion Association (NCUA). Unlike traditional CDs, broker-brokered CDs are issued by banks through brokerage firms and offer additional flexibility. government.
Many of us get monthly statements from banks, brokerages, mutual funds, and retirement plans. As a matter of fact, nearly half of American Association of Individual Investors respondents (49%) reported having two or more brokerage accounts. The ETRADE Core Portfolios robo-advisor is managed by one of the largest online brokerage firms.
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