Maximize Savings with High CD Rates This June
TL;DR Summary
Opening a 1-year CD this June can be advantageous due to high interest rates, offering long-term protection in a volatile economy, potential earnings of hundreds or thousands of dollars, and financial predictability. However, ensure you can leave the deposited amount untouched for 12 months to avoid early withdrawal penalties.
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- Best CD rates today: Pump up your savings with strong rates topping 5.05% APY — May 29, 2024 AOL
- CD rates today, May 31, 2024 (up to 5.40% APY) Yahoo Finance
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