Q
What is a CD ladder?
A
Expert Answer
A CD ladder involves buying certificates of deposit with staggered maturity dates (e.g., 1, 2, 3, 4, 5 years). As each matures, reinvest in a new 5-year CD. This provides regular access to funds while capturing higher long-term rates.
Key Insight
A CD ladder involves buying certificates of deposit with staggered maturity dates (e.
Topics