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.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But the economy is much different now. The inflation rate is under 3% ...

We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. Are you looking to open ...

Not sure how to open a certificate of deposit (CD) account? It’s easier than you might think. All it takes is choosing a bank, picking a term that fits your savings goals and making a deposit. Here’s ...

A certificate of deposit (CD) is a type of savings account offered by credit unions and banks. Typically, these accounts have higher interest rates than either traditional or high-yield savings ...

Kelly is a former editor for CNET Money covering banking. She has over 10 years of experience in personal finance and previously wrote for CBS MoneyWatch covering banking, investing, insurance and ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Adam Palasciano is a writer over three years of experience writing about personal ...