We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
You probably know that each time you certify or recertify a household at your site, you need to determine the cash value of the household’s assets and the income those assets are expected to generate over the next year. It may be the case that increasingly more applicants and households are putting money into certificate of deposits (CDs). CDs are paying more generously now than they have in recent years. And in light of recent Federal Reserve interest rate hikes and the potential for additional ones, CD rates could rise even more.
