economy
Have a CD account set to mature this June? Here's what to do next.
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms.
TL;DR
- Prepare for your CD account maturity in June as interest rates have shifted.
- Do not allow your CD to automatically rollover to avoid potentially lower rates.
- Explore alternative CD account options that offer competitive rates, around 4% or higher.
- Avoid depositing funds into traditional savings accounts, which offer very low interest rates (around 0.38%).
- Proactive planning can ensure continuity and profitability in your savings strategy.