If I want to add funds on a reoccurring basis, does the term length start over?

No, your original deposit remains on the same term timeline, and each time you add money a separate savings program is created. Note that there is a deposit minimum for a 1-year term, which is $1,000.

For example: If you deposit $1,200 for a 1-year term in Oct. 2022, your term will end in Oct. 2023.