Can you gift a certificate of deposit (CD)?

When it comes to gift ideas, a certificate of deposit (CD) may not be on your radar. However, it can be an excellent way to invest in a loved one's future and teach them a few things about financial management. However, there are some downsides to using a CD to accomplish those goals, so it's important to carefully consider your situation and objectives to determine if it's the right fit. Here's what you need to know about how to gift a certificate of deposit and when it can make sense. Certificate of ...