Question: “I have CDs in two non-fiduciary banks in Indiana at an interest rate of 0.02%. When is accruing an early withdrawal fee from a CD actually worth it if you’re earning such low interest?” ...
The best high-yield savings accounts pay almost the same APYs as CDs, and they allow penalty-free withdrawals at any time. S&P 500 index funds offer greater long-term growth potential. CDs are safe ...