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 ...

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.

Find the highest APY available by comparing online banks and credit unions and looking for promotional terms. Build a CD ladder to take advantage of today's rates without locking all your money up for ...

CDs earning 4% APY provide guaranteed returns with FDIC insurance up to $250,000 — making them one of the safest investments available. A $10,000 CD at 4% APY earns $400 in one year, while a 5-year CD ...

Hanna Horvath is a CERTIFIED FINANCIAL PLANNER™ and Red Venture's senior editor of content partnerships. Fox Money is a personal finance hub featuring content generated by Credible Operations, Inc.

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Simonapilolla / Getty Images As a personal finance writer who's covered CDs and ...

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 ...

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 ...

Certificate of deposit (CD) rates are currently above 4 percent APY, offering guaranteed returns that outpace inflation. CD terms range from 3 months to 5 years, with online banks typically offering ...