CD Ladder vs. Rollover Calculator

CD Ladder vs. Rollover Calculator

Certificates of deposit (aka share certificates) are a low-risk way to earn higher returns, but you'll need to keep your funds in the CD for a specified term - and longer terms often have the best rates. How can you earn more without tying up all your savings for a long time? The answer is CD Laddering.

Here's how this savings strategy works: You start by opening several CDs with different terms. Each time a CD matures, you can access the funds if needed or keep saving them by renewing the CD. There are many ways to structure a CD ladder. See if your approach could help you earn more than you would by keeping your funds in a single CD that renews periodically.