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 ...

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 ...

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We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. These actions have caused the returns on CD accounts to decline. But ...

When building savings, some Americans use a ladder — a CD ladder, that is. A certificate of deposit allows you to deposit money into an interest-bearing account and lock in an interest rate for a set ...

Every week, Allworth Financial’s Amy Wagner and Steve Hruby, CFP®, answer your questions. If you, a friend, or someone in your family has a money issue or problem, feel free to send those questions to ...

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 ...

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 ...

The Federal Reserve just announced that it will lower the target federal funds rate by 0.25 percentage points to a range of 4.00% to 4.25%. It's a small rate cut that has been expected for months, so ...

Text Callout : Key Takeaways - What Is a CD Ladder and How Does It Work? When building savings, some Americans use a ladder – a CD ladder, that is. A certificate of deposit allows you to deposit money ...