With interest rates rising, is locking money in a CD finally worth it in 2022?

With interest rates rising, is locking money in a CD finally worth it in 2022?

Looking for a nearly risk-free place to invest your savings?

You could open a garden-variety savings account, but your interest will be practically microscopic. A high-yield savings account will offer more, but a certificate of deposit could be an even stronger option.

While you’d be happy to find a savings account paying 1% APY right now, some CDs are paying 2%, 3% or more.

But to earn superior interest, you better…

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