Maximize Your Savings with Higher Bank Rates

1 min read
Source: The Wall Street Journal
Maximize Your Savings with Higher Bank Rates
Photo: The Wall Street Journal
TL;DR Summary

Balances in certificates of deposit (CDs) have surged to $480.2 billion in February, up from $36.5 billion in April 2022, according to the Federal Reserve. However, many savers are not unlocking the full potential of CDs. A CD ladder can help savers navigate today's high interest rates and maximize their returns on cash.

Share this article

Reading Insights

Total Reads

0

Unique Readers

2

Time Saved

0 min

vs 1 min read

Condensed

56%

12053 words

Want the full story? Read the original article

Read on The Wall Street Journal