A certificate of deposit (CD) is a type of savings account offered by banks and credit unions. You deposit your principal into an account for a predetermined period of time, and receive a fixed ...

Once your CD matures, you’ll receive your final interest payment and the return of your original deposit. However, taking the money out is only one of your options, so it’s important to understand the ...

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.

Aly J. Yale is a contributing writer for the Managing Your Money section for CBSNews.com, covering various personal finance topics, including investing, homebuying, loans and more. The latter have ...

Many people use certificates of deposit (CDs) as a safe, predictable way to grow their savings. But what do you do when your CD matures? You’ll enter a short grace period where you can withdraw your ...

Looking for steady ways to grow your cash, even with falling interest rates? Here's why CDs, HYSAs, and index ETFs are all ...

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High interest rates, while presenting a challenge for anyone looking to borrow, bring opportunities for investors and savers seeking better returns on their cash. Consumers currently can put their ...

The days of earning 5% or more on nearly risk-free certificates of deposit (CDs) are coming to an end, but for some, they could be ending even sooner than expected as banks and other financial ...

These days, it has become very easy to watch your favorite movies and listen to top songs anytime, anywhere you want. There are music streaming platforms like Spotify where you can listen to your ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Both certificates of deposit (CDs) and individual retirement ...

The Federal Reserve meet on December 17-18 to determine if they need to cut rates for a third time this year. They previously met in November, where they cut rates by 25 basis points, or 0.25%. In a ...