The Significance of CD Laddering for Long-Term Money Commitments
Wednesday, 20 March 2024, 12:00
Benefits and Drawbacks of CDs
CDs offer generous rates compared to savings accounts, but committing to a term is a downside.
Understanding CD Laddering
CD laddering helps spread out available cash into different CDs with varying terms, aiding in financial flexibility.
Long-Term CD Considerations
For longer-term CDs, keeping ample savings for emergencies might outweigh the need for a CD ladder.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.