A 6-month CD provides key benefits that make it a great term choice right now. The general consensus among economic experts is that the Federal Reserve will lower rates later this year.

Investing $20,000 in a 6-month CD could earn you $460 if you get the best rates available. See if buying CDs makes sense for you right now.

At Business Insider, we monitor CDs available at top banks and credit unions every day to help you find the best 6-month CD for you. Now's a great time to open a CD; the Fed held interest rates ...

So is a 6-month certificate of deposit (CD) a good idea? Right now, the annual percentage yields (APYs) on the best 6-month CDs hover around 4.00% to 4.50%. These rates definitely seem attractive ...