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.

A CD ladder can be an effective way to reduce the negative impact of changes in interest rates. Today's falling interest rates create unusual challenges, with shorter-term rates higher than ...

Our team reviewed 154 of the country’s largest and most prominent financial institutions, from big banks like Chase and Bank of America to credit unions like Navy Federal Credit Union and PenFed ...

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 ...

Many people use certificates of deposit (CDs) as a safe, predictable way to grow their savings. But what do you do when your CD matures? You’ll enter a short grace period where you can withdraw your ...

Rates on certificates of deposit (CDs) were high at this point last year, and many consumers opened new accounts to take advantage of them. Now, though, some of those CDs are starting to mature. "A ...

In the unpredictable, inflationary economy of recent years, certificate of deposit (CD) accounts have been a smart and effective way to protect your money. These accounts are FDIC-insured up to ...