Brokerage CD's: How To Select Treatment At Maturity

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Prestigious Contributor
I notice the bank CD's have a button for choices upon the CD's maturity. The CD's in the brokerage accounts have no such buttons to push online (that I could find). Upon maturity do the brokerage CD's by default move to the brokerage cash account?

1 REPLY

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robdhubb,

Thanks for your question. I reached out to Brokerage and received the following response: 

 

Matured CDs in brokerage accounts simply liquidate and stay in brokerage cash. 

 

I hope that answers your question. 


Thanks!
Tara