Hot Summer Savings Move: Open a CD While Interest Rates Are High
Smart savers know that CDs can pay big. Kristina Kokhanova/Getty Images My savings account has been sorely disappointing me lately. No matter how many times I check my balance, it feels like opening the fridge for the fifth time, hoping something new will appear. Fortunately, the solution is simple: I just need to shop around. With the Federal Reserve holding interest rates steady at this week's meeting, annual percentage yields on certificates of deposit should remain high for a while. That m