
Key Takeaways
- Certificates of deposit offer fixed, predictable returns over a defined time period.
- Current CD rates remain higher than historical averages, making them attractive for savers.
- FDIC and NCUA insurance adds an extra layer of protection for deposited funds.
- CDs are well suited for goal-based savings with a clear time horizon.
- Choosing the right CD term helps balance liquidity needs and return potential.




