After the Fed Cut Rates, Are CDs Still Worth A Look?

Plus, six ways that Congress might address expiring estate taxes in 2025. Created for {EMAIL} | [Web Version]( September 24, 2024 FOLLOW US:  [LinkedIn]( [Facebook]( [Instagram]( [A Step Ahead]( [SIGN UP](format=multipart) ⋅ [WEBSITE]( [] INTRODUCTION [] [Stepping Into The Election and Estate Taxes]( The [2017 Tax Cuts and Jobs Act]( (TCJA) raised the exemption amount for estates, but only temporarily. Unless lawmakers act, the figure will drop, reverting to the 2017 amount, adjusted for inflation. The next president and Congress will address the expiring estate tax exemption and other tax breaks. Who wins the presidency in November and which party controls the House and the Senate will make those decisions. Editor of The Kiplinger Tax Letter Joy Taylor runs through [six ways Congress might address estate taxes in 2025](. - Donna LeValley, personal finance writer [Prepare For Retirement Using a Dividend Growth Investment Strategy]( If you invested in an S&P 500 index fund starting in January 2000 until September 2020 your average annualized return would have been 4.2%, a cumulative return of 136%. But if you reinvested all dividend payments your annualized return would have been 6.2%, a cumulative return of 247%. Just reinvesting dividends would have nearly doubled your gains. [READ MORE]( ADVERTISEMENT [] BEST SAVINGS OPTIONS [] [3 Best CDs to Open After the Fed Rate Cut]( (Getty Images) [3 Best CDs to Open After the Fed Rate Cut]( Rates on some accounts fell by as much as 1.30% after the Fed rate cut last week. There’s a good chance additional rate cuts will come later this year and CD rates will likely go down even further. But several accounts still offer impressive rates, and Kiplinger savings expert Erin Bendig has scoured the internet to find the best yields currently available. [Best Rates Here]( [] SELLING YOUR HOME [] [Should You Sell Your House Now or Wait?]( (Getty Images) [Should You Sell Your House Now or Wait?]( The question of whether or not to sell is a concern for many homeowners, because selling now could mean swapping a lower-rate mortgage for a new, higher-rate mortgage on a new home. We explore the case for putting your home on the market, now that federal rates are falling once more. [Pros and Cons of Selling]( [10 Key Action Items When Planning Your Legacy]( Start planning your future with this estate planning checklist. From naming beneficiaries to drafting a will, we cover key actions to take that reflect your goals and values. [READ MORE]( ADVERTISEMENT [] AMAZON PRIME DAYS [] [Amazon s Big Deal Days Event Is Coming! We ve Got All the Details]( (Getty Images) [Amazon’s Big Deal Days Event Is Coming! We’ve Got All the Details]( To kick off the holiday season with a bang, Amazon Big Deal Days runs Tuesday, October 8 and Wednesday, October 9. Here’s what to expect. [Get the Details]( [6 Strategies to Help Lower RMD Taxes]( If you have tax-deferred retirement accounts, you'll need to take required minimum distributions (RMDs) eventually. If not properly planned for, these distributions could take a tax toll on your retirement nest egg. Find out some smart strategies that could help potentially lower your tax bill. [LEARN MORE]( ADVERTISEMENT [] OTHER KIPLINGER ARTICLES WE THINK YOU'LL ENJOY [] [The big CPA shortage problem in accounting]( The accounting industry has been hit by a triple whammy: fewer graduates, an aging workforce, and an exodus of talent. It's also affecting the IRS. [Could political arguments ruin your estate plan?]( If you're arguing with loved ones over politics, consider taking a step back before cutting them out of your estate plan. The consequences could be serious. [4 common misconceptions about life insurance]( Just because you have no dependents and no debt doesn't mean life insurance wouldn't come in exceedingly handy for someone in your life or even a charity. [From building wealth for a secure retirement or investing wisely in any market to money-saving tax planning and much more — Sign up to explore more free e-newsletters here.]( ABOUT KIPLINGER When we write about money, we get it right. So the decisions you make with your dollars are also right. Kiplinger is a trusted provider of unbiased financial advice, objective business and economic forecasts, and practical help to millions of business professionals, investors, and individuals seeking to make more profitable decisions with their money. Our [flagship publications]( include [Kiplinger Personal Finance]( magazine, [The Kiplinger Letter](, [The Kiplinger Tax Letter](, [Kiplinger Retirement Report]( and [Kiplinger Investing for Income.]( All are regarded as the leading publications in their respective fields. Every day, millions of readers rely on our [free e-newsletters]( for help on everything from getting the best rate on a mortgage or car loan, to managing their businesses in an uncertain world, avoiding an IRS audit, building wealth for a secure retirement, or investing wisely in any kind of market. [Sign up to explore more newsletters](. Now it’s your turn to reap all the rewards Kiplinger has to offer. Visit [Kiplinger.com](, your gateway to all of the above and much more. Check in any time for our latest advice on how to make more money, and keep more of the money you make. Stay right on the money, with Kiplinger. 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