Maximize Your Savings with High-Yield CDs: Rates, Benefits, and Potential Earnings
Putting $15,000 into a certificate of deposit (CD) right now can provide significant savings with low risk. CD rates are currently high, offering competitive interest rates for various terms. Opening a CD locks in the interest rate for the full term, ensuring predictable earnings. However, early withdrawals may incur penalties, so it's important to consider the term carefully.