Retirees can increase interest income by investing accumulated retirement account distributions and Social Security benefit disbursements into higher interest rate Certificates of Deposit (CDs) rather than keeping them in a regular savings account.

Authors

• Person: Not available Organization: Commerce Bank
  Simple strategies for investing in retirement. | Commerce Bank

Sources

• Simple strategies for investing in retirement. | Commerce Bank www.commercebank.com Commerce Bank via serper

Referenced by nodes (1)

• certificates of deposit concept