Can I Use Money From My IRA to Buy These Certificates of Deposit?

Katie Couric: Wouldn't this be an incredible gift to open a six month certificate of deposit for a five year old? You can. So you can have a custodial account for a minor, but you can't do it online. Can I use money from my IRA to actually buy these certificates? Actually, you cannot. It's only available to the listeners of the Women and Money podcast.

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