Was considering taking some of one of my IRA's that's currently in cash and buying CD's with that cash. Since I'm not going to be using the money anytime soon is this as obvious as I think where right now it's just cash earning nothing so if I buy a CD that earns 2.5%, I'm ahead by that much at the mature date of the CD? Next question, in the CD description under security features it says Federally Taxable? Yes. It's in an IRA I assume any interest earned is untaxed until a withdrawal is made is that correct? Looking in Fidelity's site you can get as high as 5.5% depending on maturity date. I'm tempted to do something that matures in say 2 years max in case I want to use that money to buy stocks or something but looking at this I'm getting the feeling I have to be missing something? If I can do a 5.5% CD with say a 5 year maturity, and I don't plan on needing that cash in 5 years, isn't this a no brainer if I don't want to be entirely in stocks? Under Coupon type it says FIXED so I'm assuming that means if I buy a CD that says 5.5% and matures in 2020, I'm going to get 5.5% on that CD until 2020 correct? I have a regular CD right now, very low % just a safety thing, it's about to mature and putting it somewhere else, but I've never had CD's in my IRA before so I'm trying to understand if they work the same and are as safe? I'm only 51 I know I'm not "supposed to" buy CD's in an IRA yet I'm just thinking since it's in cash right now, I ought to put some of it into a fixed CD and at least get something more out of it?