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 ...

My friend's $60,000 CD ladder is split into 12 CDs with 1-year terms. It generates around $200 in interest every month, with minimal risk. CD ladders can give you the highest APYs available today, ...

CD ladders use different maturities to maintain access to funds at regular intervals while guaranteeing a return. Short-term CD ladders are often used as part of an emergency fund strategy. Long-term ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Interest rates on these accounts are competitive, but the CD term isn't ...

There's a massive difference between CD offerings depending on which bank you use. Case in point: the national average APY for a 12-month CD right now sits around 1.63%. Meanwhile, some banks on the ...