The Triple Option IRA offers you three choices once the IRA's 24-month-term CD has been open for 12 months. You have 10 days to decide which option you want. You can increase the interest rate on the certificate to the current interest rate being offered on that type of account (12-Month Triple Option CD or 24-Month Triple Option CD) for the balance of the term. You can continue the certificate at the original interest rate and make an additional deposit of $100 or more. Or you can withdraw any or all of your funds without an interest penalty during the 10-day period. A minimum opening deposit of $5,000 is required; interest is credited and compounded quarterly.