Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

Certificates of deposit often act as a strategic safety net and a low-risk vehicle to park some cash. And with the Federal Reserve leaving rates unchanged so far this year, locking in a CD that offers ...

In the post-pandemic era, certificate of deposit (CD) interest rates soared with many offering rates above 5%. These rates, which were the highest in years, were prompted by multiple increases in the ...

The Federal Reserve has yet to make a move on rates this year. But with market watchers suggesting as many as two cuts by the end of 2025, banks and credit unions have already started reducing their ...

A certificate of deposit can give you some much-needed security in an economy that feels anything but certain. Your CD rate is fixed when you open the account, so your returns are guaranteed for the ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Jen Hubley Luckwaldt has over 15 years of experience writing and editing personal ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Sabrina Karl has over two decades of experience writing about savings, CDs, and ...

Certificates of Deposit (CDs) have emerged as a particularly intelligent investment choice. A CD is a type of deposit account that requires you to keep your money in the account for a set period, ...

The current high interest rate landscape has created the most favorable environment for savers in more than a decade. We’ve seen recent dips in competitive certificate of deposit (CD) rates, spurred ...