CD laddering is the process of spreading cash across various CD maturity terms and rates. Learn more about CDs and laddering to elevate your savings strategy.
Here are some things to consider as you weigh potential tax moves before the end of the year. The window for most tax-saving moves closes on December 31, so don't procrastinate.
You might have heard of the term compound interest before and the benefits it can have on your finances. A compound interest account is any account that pays you interest on your principal and interest, not just your original deposit.
The Federal Reserve's Federal Open Market Committee (FOMC) lowered the benchmark federal funds rate one-half percentage point. It was the first rate cut since the Fed raised the funds rate aggressively from March 2022 to July 2023. The long-awaited policy shift suggests that a soft landing — the rare feat of bringing down inflation without causing a recession — is in sight.
CD laddering is the process of spreading cash across various CD maturity terms and rates. Learn more about CDs and laddering to elevate your savings strategy.
Regardless if you’re just starting out, starting over, or are somewhere in between, it’s important to include saving for the future as part of your financial plan. Designed to safeguard your money until you need it, a savings account is a secure place to deposit your money while building up your savings over time.
Being able to send your child to college is near the top of the wish list for most parents. But, that diploma doesn't come cheap. The best thing to do is to start saving as early as possible, even if you're able to save only a small amount at first. Read more about college savings strategies.