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.

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.

See how much money you should put in a CD and other critical information that you should consider before making this investment.

There are two big benefits to opening a CD instead of sticking to a regular savings account. First, CD rates tend to be higher than savings account rates because you're making a commitment to keep ...

Investors looking for safety and a fixed return often turn to CDs. Indeed, CDs offered by federally insured banks and credit unions are generally protected up to $250,000, and some CDs are still ...

Opening a CD account means locking your money for a fixed term (3 months to 5 years) in exchange for guaranteed interest rates. CDs work best for specific savings goals with known timelines, like ...

Ok, this isn't quite as simple as the topic makes it sound... bear with me here.<BR><BR>What I want to make is a cd with standard red book audio tracks (so it can play in a standard cd player), and ...

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 ...

Today's highest CD rate is 4.94% for CD. CD rates from online banks are commonly twice as high as the national average rates. CD ladders let you leverage high rates without locking up all of your ...