An IRA CD is an individual retirement account that’s invested in certificates of deposit (CDs). Regular CDs and IRA CDs differ in contribution limits, tax treatment and early withdrawal penalties. IRA ...

Picking between an IRA CD and a money market account depends on your financial goals, your need for liquidity and risk tolerance. Both options can provide market interest earnings and offer advantages ...

I’m 70 years old and I sold my house in August 2022 for $250,000. I invested the proceeds — after paying off the mortgage balance, car, etc. — in IRA CDs. Andrew Keshner is a personal finance reporter ...

You can deduct traditional IRA CD contributions from your taxes if your income falls within certain limits. For 2025, a single person with a workplace retirement plan can deduct contributions if they ...

CD yields are the highest they've been in years and are far more appealing to savers than they were just a couple years ago. Taxes are a major pain point of earning lots of interest in a CD or other ...

An IRA CD is an individual retirement account that holds certificates of deposit. Everyone from financial behemoths like Fidelity and Vanguard to your local bank or credit union offers IRA CDs. Let’s ...

When comparing options like individual retirement accounts (IRAs), certificates of deposit (CDs) and money market accounts, it's important to understand how each can fit into your financial strategy.