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.

Today’s highest CD rate is 5.03% for a 5-year CD CD rates from online banks are commonly twice as high as the national ...

Thanks to inflation and a higher federal funds rate, certificate of deposit (CD) interest rates have increased exponentially in recent years. CD interest rates barely broke 1% a few years ago. By ...

Certificates of deposit (CDs) offer some of the best interest rates for an account with little or no financial risk. But if you're not completely sure whether a CD is right for you, understanding how ...

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 ...

Compare one jumbo CD with multiple traditional CDs based on rates, flexibility, penalties and deposit insurance.

The Federal Reserve’s Federal Open Market Committee (FOMC) unanimously voted to increase the target rate range to 3.75%-4.00% ...

At today's top rates, $10,000 in a CD ladder earns about $350 a year in safe, guaranteed interest. And a slice of your money frees up every six to 12 months instead of staying locked away for multiple ...