Certificates of deposit (CDs) can be an attractive investment option, offering many benefits such as fixed returns and higher interest rates than traditional savings accounts. However, there are a few potential downsides and it's essential to understand them fully before diving in.
Wasatch Peaks
Recent posts by Wasatch Peaks
6 min read
How Many IRAs Can You Have?
By Wasatch Peaks on August 29, 2023
Can you have more than one IRA? The short answer is yes, but the reasons you might want to do so are more complex. We take a look at why you might want to have more than one IRA account as well as some of the implications of doing so.
9 min read
How to Open a Traditional IRA in 5 Steps
By Wasatch Peaks on August 24, 2023
Traditional individual retirement accounts (IRAs) offer a simple and convenient way to save for retirement as well as offering significant potential tax savings. Here’s how to open a traditional IRA in just a few easy steps.