Interest rates have remained relatively high over the last few years, but with the Federal Reserve recently cutting rates — and more rate cuts on its near-term agenda — that could be changing soon. If ...

CD rates are still competitive despite recent drops, but where they head in 2026 will depend on numerous factors.

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We all know saving money is important, but what’s the best place to put your savings to make the most of that money? That depends. The best type of account to use for your $1,000 savings depends on ...

Comparing multiple CD options from various institutions might be overwhelming Potential complexities in tracking maturity dates and interest payments Only available in the U.S. privately held bank ...

When a certificate of deposit is about to mature, the decision you make in the short window that follows can quietly add or erase hundreds of dollars over the next year. The smartest move is rarely to ...

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 ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Krystal is a seasoned writer, editor, and content strategist who has spent the last ...

Interest earned in a certificate of deposit is taxed as ordinary income. A CD’s interest is reportable when it’s credited to your account. It’s possible to minimize CD taxes within a retirement plan.

Have you ever wondered whether the perks of a no-penalty CD outweigh those of an everyday savings account — or wondered when you’d choose one over the other? A no-penalty certificate of deposit could ...