Text Callout : Key Takeaways - What Is a CD Ladder and How Does It Work? When building savings, some Americans use a ladder – a CD ladder, that is. A certificate of deposit allows you to deposit money ...

Not to be confused with the metallic music-playing discs of the '80s and '90s, CDs — formally known as certificates of deposit — are a savings option still very much in play. This particular savings ...

If you have a certificate of deposit, don't forget your CD earnings when you're preparing your tax return. The government expects its cut, so you'll need to report any interest you've earned over the ...

If you have money in savings, no significant debt and extra money to work with, the conventional advice would be to avoid depositing a large, six-figure sum of money into a certificate of deposit (CD) ...

Today's highest CD rate is 4.94% for a jumbo 6-month CD. CD rates from online banks are commonly twice as high as the national average rates. CD ladders let you leverage high rates without locking up ...