Generally, CDs under the short-term umbrella have terms that are less than a year. So, for example, it makes sense to consider a 3-month CD, a 6-month CD or a 9-month CD. For short-term CD ...

KFF polling shows that 23% of all adults—and 45% of those age 65 or older—incorrectly believe that Medicare will cover their time in a nursing home if they have a long-term illness or disability.