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Solutions for Your Low Rate CDs

For those individuals currently unhappy with their CD investments, Northwestern Mutual Investment Services, LLC (NMIS) offers a transfer service.

NMIS will contact your current financial institution and handle the process of transferring your funds upon maturity.

  • Fill out a one-page transfer form available from your Northwestern Mutual Financial Network Representative.*
  • Indicate on the form if your CD is in an IRA. This will ensure your funds are transferred into a qualifying IRA.

Once the funds are received, you and your Financial Representative can decide how to reinvest the funds to meet your investment objectives.

Substantial prepayment penalties may be charged if CDs are liquidated before maturity. The dollars received upon liquidating a CD through NMIS prior to maturity are contingent upon current market conditions.

*All securities are offered through Northwestern Mutual Investment Services LLC, (NMIS), Suite 300, 611 E. Wisconsin Avenue, Milwaukee, WI 53202, 1-866-664-7737. Member FINRA and SIPC. NMIS is wholly owned by Northwestern Mutual.

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Copyright 2008, The Northwestern Mutual Life Insurance Company/Northwestern Mutual, Milwaukee, WI. All rights reserved. 720 East Wisconsin Avenue, Milwaukee, Wisconsin 53202-4797 - (414) 271-1444. The Northwestern Mutual Financial Network is a marketing name for the sales and distribution arm of The Northwestern Mutual Life Insurance Company, its affiliates and subsidiaries.