Before you jump into combining a CD and savings account, it's important to understand the difference between the two. A CD is a type of deposit account that locks in your money for a specific period, ...

A $5,000 deposit in a 6-month CD at today's top rates earns less than most people expect. Here's the real number -- and what to consider before you open one.

The financial strategy of creating a CD ladder may promote liquidity in your portfolio. "Laddering CDs — meaning, purchasing CDs with varying maturities, say in one month, three months, six months and ...

With close to a decade of writing and editing experience, Maisha specializes in service journalism and has produced work in the lifestyle, financial services, real estate, and culture spaces. She uses ...

Pros of Using a Certificate of Deposit for Savings There are several reasons why you may consider using a CD for managing your savings goals. Here are some of the main benefits or advantages of saving ...

A CD ladder can smooth out your rates and free up cash regularly -- but it's not the right move for everyone. Here's when it ...

Certificates of deposit can add much-needed income to a retiree’s bank account. Here’s the best way to get that job done.

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Use our free CD calculator to see how much you can earn with the best certificate of deposit (CD) rates. This can help you select the best option for your long-term financial needs. What is a CD ...

If you have a certificate of deposit, you may be able to use it as collateral for a loan Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on ...

Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing, and the impact of technology on contemporary arts and culture.