A CD laddering strategy can be particularly effective for savers if utilized right now. Getty Images

Certificate of deposit (CD) accounts offer savers a relatively easy and reliable way to grow their money. Simply deposit a certain amount into an account, let it sit untouched for the full CD term (ranging from months to years) and enjoy a sizable return on your money once the account has matured . And this has been even easier to do from 2022 to 2025, as interest rates on CD accounts surged exponentially, making it an obvious choice for savers looking to blunt the impact of inflation and higher borrowing costs felt elsewhere.

But the economy is once again changing. Rates are lower than they were one year ago and they're positioned to decline again this fall if the Federal

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