CD interest is taxed as ordinary income and you must report it on your tax return if the term is longer than one year, even if you can’t cash the CD until it matures. Financial institutions must ...
For the past couple of years, investors have watched CD rates climb to levels not seen in decades. However, with the Federal Reserve cutting the federal funds rate by a half-point in September ...
Its six-month CD offers a competitive 4.50% APY, but you’ll also find a 4.50% APY on the 18-month CD, 4.30% APY on the 12-month and a flat 4.45% APY on the 11-month USAlliance Federal Credit ...
She is a graduate of the University of Florida. The answer depends on your savings goals. Here's where CD rates sit right now and advice from rates and where one of our money experts is moving her ...