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.

With Federal Reserve rates remaining mostly stable until recent months, savers largely reaped the benefits of high returns on their money, including with certificates of deposit (CD) accounts. While ...

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 ...

CDs can pay top rates, so it's worth exploring strategies to safely add one to your savings plan. Betsy began her career in international finance and it has since grown into a comprehensive approach ...

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 ...