Accessing Competitive Rates at Financial Institutions Across the Country

This was prepared as an estimate and for informational purposes only. It is not an official confirmation of terms. It is based on information generally available to the public from sources believed to be reliable. No representation is made that is accurate or complete or that any returns indicated will be achieved. Changes to assumptions may have a material impact on returns. Past performance not indicative of future results, prices, yields, and availability are subject to change without notice. Additional information available upon request. This is neither an offer to sell nor a solicitation of any offer to buy a new issue security. Yield quotes are for illustration purposes only and do not necessarily reflect current market conditions.

No representation is made that it is accurate or complete or that any returns indicated will be achieved. Changes to assumptions may have a material impact on returns. Past performance not indicative of future results. Prices, yields, and availability are subject to change without notice. Additional information available upon request. This is neither an offer to sell nor a solicitation of any offer to buy a new issue security. Yield quotes are for illustration purposes only and do not necessarily reflect current market conditions.

Investments in fixed income products are subject to liquidity (or market) risk, interest rate risk (bonds ordinarily decline in price when interest rates rise and rise in price when interest rates fall), financial (or credit) risk, inflation (or purchasing power) risk and special tax liabilities.

Investments in municipal bonds are subject to market risk and interest rate risk. May also be subject to special tax liabilities such as state and local taxes and/or the Alternative Minimum Tax.

Non-deposit investment products NOT FDIC-INSURED/NO BANK GUARANTEE/MAY LOSE VALUE. Subject to availability and change in price. Availability of products and services may vary by jurisdiction.

Although no payments are made on zero coupon bonds until they mature, investors may have to pay federal, state, and local income tax on the imputed or "phantom" interest that accrues each year. The market value of zero coupon bonds may fluctuate significantly.

Brokered CDs sold in the secondary market are subject to market conditions and if sold prior to maturity may return less than your original investment. In the event a CD purchase is made in the secondary market at a premium price over par (100) the premium is not FDIC insured. Upon maturity, a CD originally purchased at a premium will return the par value (100) of the investment.

The Federal Deposit Insurance Corporation (FDIC)  insures CDs for principal and accrued interest up to $250,000 for non-retirement accounts, $250,000 for Individual Retirement Accounts ("IRAs") and certain other retirement accounts. Included in this coverage is any other amount you may have on deposit with the bank or institution that issued the CD. Please make sure you know the extent of your FDIC coverage and that you monitor your entire deposit with the issuer to ensure it does not exceed the coverage limit.

When you buy a Schwab-affiliated bank CD, any other funds you hold at the same bank in the same ownership capacity (for example, through the Schwab Bank Sweep feature, the TDA IDA program, or in a Schwab High Yield Checking or Savings Account) may be aggregated for purposes of FDIC coverage limits. Clients can see their Schwab Bank Sweep breakdown, including the current balances at each bank, on the schwab.com Balances page or on their monthly/quarterly statements. More information is available by reviewing the Cash Features Disclosure Statement.

Under the FDIC's rules, up to $250,000 in deposit insurance will be provided for the money a consumer has in a variety of retirement accounts, primarily traditional and Roth IRAs (Individual Retirement Accounts), at one insured institution. Also included are self-directed Keogh accounts, "457 Plan" accounts for state government employees, and employer-sponsored "defined contribution plan" accounts that are self-directed, which are primarily 401(k) accounts. In general, self-directed means the consumer chooses how and where the money is deposited.