"Comparing the Top Long-Term CD Rates for January 25, 2024"

Certificates of deposit (CDs) offer a stable and long-term investment option with fixed interest rates guaranteed over a specific period, making them attractive for those prioritizing stability and predictability in their portfolios. Long-term CDs, with terms longer than one year, allow investors to lock in competitive interest rates for an extended period, creating a reliable source of passive income. The article lists 11 long-term CDs with the highest rates currently available, ranging from 5.96% to 5.25% APY, along with their minimum opening deposit amounts and early withdrawal penalties. It advises acting soon to take advantage of the current high-rate environment before potential declines.