Key Takeaways CDs provide predictable income through fixed interest rates and defined maturity dates.FDIC insurance makes CDs one of the lowest-risk income investments available.CD ladders can balance ...

The Fed cut rates, and more reductions may follow soon. Here are six CD strategies retirees should consider now to protect their income and savings.

A friend of mine who's always shied away from buying CDs opened their first one about a month ago. The reason? They realized it was silly not to take advantage of today's amazing CD rates. CDs can be ...

The year 2024 is marked by individuals seeking to reduce risk in their financial holdings and enhance their net worth consistently in foreseeable ways. In the quest to achieve economic stability, many ...

How much belongs in a CD? Enough to beat inflation, not so much you're stuck paying penalties. Here's what the experts say.

This March brings a host of new economic developments that savers should consider as they review their financial health heading into the spring. The Bureau of Labor Statistics (BLS) will release its ...

Investors in bank certificates of deposit can get a better return by choosing a long-term CDs and paying an early-withdrawal penalty, instead of picking a short-term CD. The strategy may be relevant ...

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 ...

In the financial world, stocks and stock-based mutual funds often get a lot of attention. And deservedly so, because they often form the core of a portfolio. But to help achieve your goals, you may ...

Miranda Marquit, MBA, is a freelance contributor to Newsweek’s personal finance team. She has an M.A. in journalism from Syracuse University and has been writing and podcasting about money since 2006.

A certificate of deposit offers a guaranteed interest rate over a specified term. Consumers can get their money early but generally with a penalty. Consumers often come out ahead by buying a long-term ...

Investors who park savings in a certificate of deposit may be short-changing themselves with their CD choice. Stream Connecticut News for free, 24/7, wherever you are. And that mistake can prove ...