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 ...

A promotional CD, sometimes referred to as a special CD, is a certificate of deposit with a higher-than-normal annual ...

It's important to understand how a CD account works, the different types of CDs available and the […] The post How Does a CD Account Work? appeared first on SmartReads by SmartAsset.

Discover how CDs work, including their interest rates, types, early withdrawal penalties, and terms lengths. We also explain how to open and manage a CD.

How Does a CD Work? Some certificates of deposit last only a few months, whereas there are also CDs with terms that last five years or even longer.

When building savings, some Americans use a ladder — a CD ladder, that is. A certificate of deposit allows you to deposit money into an interest-bearing account and lock in an interest rate for ...