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.

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 ...

With inflation higher than ever, you may be considering how to make more on your money than you get from a typical savings account. Certificates of deposit can be a good option, but they’re not right ...

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 ...

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 ...

Investing in a certificate of deposit might be right if you’re not the risky type, as it’s a safe way to grow your money — that is, if you’re willing to leave it in the bank until it matures. Read ...

Many savers forget to act when their certificate of deposit (CD) reaches maturity. This can lead to an automatic renewal with a lower interest rate and another lock-in period. Experts say checking ...