A certificate of deposit (CD) account is a popular savings tool offered by banks and credit unions that require you to lock your money away for a set period of time in exchange for a fixed interest ...

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 ...

Wondering if CDs are taxable? This guide answers your questions about CD interest tax and strategies to minimize your tax burden. Learn More Are CDs Taxable? Can You Lose Money in a CD? Wondering if ...

Certificates of deposit, or CDs, are savings tools that earn interest on money invested for a pre-determined period. They’re ...

Joel is a full-time Personal Finance Writer at Motley Fool Money, where he brings a clear, approachable voice to topics ranging from credit cards to side hustles. He’s been writing about money since ...

Investing in a certificate of deposit might be right if you’re not the risky type, as it’s a safe way to grow your money — that is, if you’re willing to leave it in the bank until it matures. Read ...

CDs and high-yield savings accounts both earn more than traditional savings accounts. CDs require you to lock in your money for the duration of your term. Fluctuating interest rates play a key role in ...

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. Rates on ...