What are the tax implications for rolling over a traditional IRA into a CD?

Rolling over a traditional IRA into a Certificate of Deposit (CD) does not trigger immediate tax implications, as both accounts are tax-deferred. However, it's crucial to ensure that the rollover is executed as a direct transfer to avoid any taxes or penalties. If the funds are withdrawn and then deposited into a CD, it could be considered a distribution, resulting in taxes and potential early withdrawal penalties if you're under age 59½. Always consult a tax professional for personalized advice.