Update: IndyMac Brokerage CD Payments
The FDIC has paid HRBFA for all accounts carrying IndyMac Bank Brokerage CDs today. All accounts will reflect those payments by Friday, August 1st. On your next statement, you will notice two entries for each CD that was held in the account: 1) one which reflects the return of principal; and 2) one that reflects the interest from the last payable date through July 11, 2008. (Note: Interest ceased to be paid from the date of the bank failure.) This interest will be treated as a normal tax event. Only the interest that was actually paid to your account for the CDs will be reported.
Please contact your Financial Advisor if you have any questions.
The FDIC has paid HRBFA for all accounts carrying IndyMac Bank Brokerage CDs today. All accounts will reflect those payments by Friday, August 1st. On your next statement, you will notice two entries for each CD that was held in the account: 1) one which reflects the return of principal; and 2) one that reflects the interest from the last payable date through July 11, 2008. (Note: Interest ceased to be paid from the date of the bank failure.) This interest will be treated as a normal tax event. Only the interest that was actually paid to your account for the CDs will be reported.
Please contact your Financial Advisor if you have any questions.
Frequently Asked Questions
We have the answers to help you learn more about the power and convenience of investing online with H&R Block. If you don't find the answer to your question here, check out our additional FAQs, Investor Education section or the Investment Glossary.
Select Client Group
Online Security Information
Press Center
More Help Options
Still haven't found what you need? Try browsing our forms and agreements or find an office near you.
H&R Block Careers
Want a rewarding career in the tax-services or mortgage industries? See all the jobs H&R Block offers.
What's Right for Me?
With 50 years of experience, H&R Block has the tax preparation solution to fit your needs.