What are some features of Edward Jones certificates of deposit?


Quick Answer

Some features of Edward Jones certificates of deposit include liquidity, regular income, death benefit and no early redemption, according to Edward D. Jones & Co. This certificate of deposit, or CD, suits investors who want income since it provides income over short periods of time.

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Full Answer

The CD offers a fixed income rate, so a person knows what to expect, states Edward D. Jones & Co. A client can sell Edward Jones CDs on any business day at the current market value, which can be more or less than the initial investment. In case a person dies, the CDs allow surviving tenants to redeem them without any penalty. Early redemption of the CDs is not available. Also, all CDS are subject to taxes.

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