CD 101

Money Market Accounts (MMAs) vs. Certificates of Deposit (CDs): What’s The Difference?

There are several options to safely store money, but deciding on which option to choose is a little easier when you know you can grow your nest egg while it’s tucked away. Certificates of deposit (CDs) and money market accounts (MMAs) can do just that. They are alternatives to traditional savings accounts and are not …

Money Market Accounts (MMAs) vs. Certificates of Deposit (CDs): What’s The Difference? Read More »

What Are the Different Types of CDs (Certificates of Deposit)?

If you’re thinking about ways to save your money, consider putting it in a Certificate of Deposit (CD). A CD is a bank account with an interest rate that is generally higher than a regular savings account. CDs typically have a fixed-term length, fixed-term rate, and a fixed date of withdrawal, known as the maturity …

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