What are the Advanced Ladder Options?
The Advanced Ladder Options allow you to exert more control over how MoneyAisle’s CD Laddering service allocates your funds. If you have no preference over how much of your money is included in a single bank, you can leave the ” No, don’t limit the amount deposited per bank.” tab clicked. Conversely, if you would like to limit the amount of money deposited in a single bank to either the current FDIC limit or the historic FDIC limit, you can click the corresponding tab. You also have the option of entering your own bank deposit limit. Another Advanced Laddering Option allows you to set the quantity of CDs per Duration – you could, for example, run a ladder with two 12-month CDs and one 18-month CD. The Quantity tab is located next to Deposit Amount on the Advanced Ladder Building page.
The Advanced Ladder Options allow you to exert more control over how MoneyAisle’s CD Laddering service allocates your funds. If you have no preference over how much of your money is included in a single bank, you can leave the ” No, don’t limit the amount deposited per bank.” tab clicked. Conversely, if you would like to limit the amount of money deposited in a single bank to either the current FDIC limit or the historic FDIC limit, you can click the corresponding tab. You also have the option of entering your own bank deposit limit. Another Advanced Laddering Option allows you to set the…
