6-Month CDs Offer Good Returns with Low Risk and Flexibility

6-month CDs are offering some of the highest interest rates now, over 5% in some cases. This allows your money to grow faster than longer-term CDs.

A 6-month CD provides a fixed, predictable return. You know exactly how much interest you'll earn, unlike variable accounts.

The 6-month term offers liquidity and flexibility. You can access your money faster than a long-term CD if needed.

CDs are low-risk investments. Your principal is FDIC insured up to $250,000.

Putting some money in a CD helps diversify your investments across asset classes for reduced risk.