If you’re considering opening a Certificate of Deposit (CD) or already have one, you might be wondering how to calculate CD interest and estimate how much you’ll earn over time. CDs are a low-risk ...

APY APY stands for Annual Percentage Yield, which is the actual rate of return per year, including compound interest. The APY is typically the rate you'll see featured for the CD you're considering.

Locking up $20,000 in a 5‑year certificate of deposit can look deceptively simple, but the outcome depends heavily on the ...

A certificate of deposit can give you some much-needed security in an economy that feels anything but certain. Your CD rate is fixed when you open the account, so your returns are guaranteed for the ...

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.

If you have a certificate of deposit, don't forget your CD earnings when you're preparing your tax return. The government expects its cut, so you'll need to report any interest you've earned over the ...

In today's evolving economic landscape, when inflation is rising again, high interest rates remain on pause and the costs of everyday expenses are elevated, maintaining access to the money you have ...