*Annual Percentage Yield. The posted APY assumes interest is credited to the account. APY is available for new deposits only. Maximum amount of $250,000 per person. Available for personal and business accounts. Minimum deposit to open is $500. Minimum account balance of $500. Additional deposits are not allowed on this account until maturity. Withdrawals and fees may reduce earnings on account. A penalty that may reduce principle may be imposed for withdrawals before maturity. For IRA CDs tax penalties may be imposed in addition to early withdrawal penalties. At time of maturity, the CD will automatically renew as a 9 month term unless funds are withdrawn or we are notified in writing prior to maturity of intention not to renew. You have 10 calendar days after the maturity date to withdraw funds without a penalty. Rate is accurate as of 08/03/2016 and is subject to change at any time. Please consult with a tax professional for guidance regarding contributions and distributions to your Traditional or Roth IRA’s. Contribution limits may apply. You must be under the age of 70 ½ to enroll in a Traditional or Roth IRA. Contributions to a Traditional IRA may be tax free. To contribute to a Roth IRA, you or your spouse must have earned income, and your modified adjusted gross income (MAGI) may not exceed certain limits. Distributions (withdrawals) may be subject to additional tax penalties. Level One reserves the right to change this account at any time.