CD's vs Treasury bills
You might consider looking into US treasury bills which can easily be bought through your online account. They may have some advantages.
They can be bought for shorter terms, like 3 months and 6 months.
I just checked Fidelity and 3 month was paying 4.34%
6 month is paying 4.52% and 1 year is at 4.76%
These are backed by the US government.
Staggering the terms allows you to "ladder" the investments so you have money becoming available every few months if needed.
In most cases they are also exempt from state taxes on the earnings.
You still have to pay federal income tax on earnings of course.
There are a lot of videos on youtube that will help educate anyone.
I am NOT a broker or an expert! Good luck.
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