Compare Personal CD & IRA Accounts

	Certificates of Deposit	Traditional IRA Savings Account	Traditional IRA Certificate of Deposit	Roth IRA Savings Account	Roth Certificate of Deposit	Coverdell Education Certificate of Deposit
Minimum Balance	$500	$100	$2,000 ($2,500 for 7 year terms)	$100	$2,000 ($2,500 for 7 year terms)	$2,000
Interest	Earn interest	Earn interest	Earn interest	Earn Interest	Earn interest	Earn Interest
and…	Terms available from 1 month to 7 years	Make deposits at your own pace (Subject to annual contri-bution limits) $1000 catch-up contribution for IRA holders age 50 or over	Annual contribution amounts (subject to limits) Terms available from 1 to 7 year	Make deposit at your own pace (Subject to annual contribution limits) IRA holders age 50 or older eligible for catch-up contributions No IRS penalty or Federal Income Taxes for withdrawal of regular principal contribution prior to age 59 ½ No required minimum distributions	Annual contribution amounts (subject to limitations) No IRS penalty or Federal Income Taxes for withdrawal of regular principal contribution prior to age 59 ½ No required minimum distributions Terms available from 1 to 7 years	Terms available from 1 to 7 years Make contributions (not to exceed $2000 annually) on behalf of a minor until the day before their 18^thbirthday (exception: beneficiaries with special needs)