Get a High CD Return but Be Aware
The attraction of a certificate of deposit (CD) is its higher interest rate over your bank’s regular savings account rate. Also, federal deposit insurance secures it up to $100,000 per institution ($250,000 if an IRA). CD returns today offer new options that seniors who seek short term secure investments should be aware of. CDs can play an important part of the conservative [...]
Categories: CD savings, retirement income Tags: Bank CDs, certificate of deposit
