CDs are sold as one of the best financial strategies for retirement. Before you open one, see what financial advisors wish you knew about the savings account.

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 ...

With close to a decade of writing and editing experience, Maisha specializes in service journalism and has produced work in the lifestyle, financial services, real estate, and culture spaces. She uses ...

Focus on CDs for cash reserves, use a CD ladder and compare rates. But don’t lose sight of a CD’s purpose. Many, or all, of the products featured on this page are from our advertising partners who ...

With close to a decade of writing and editing experience, Maisha specializes in service journalism and has produced work in the lifestyle, financial services, real estate, and culture spaces. She uses ...

CD terms can range from as little as 28 or 30 days up to 10 years or more, depending on the bank or credit union. As a general rule of thumb, the longer the CD term, the higher the interest rate you ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Finding a financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to three fiduciary financial advisors that serve your area in minutes. Each advisor has been vetted by ...

2027 may feel far away, but the interest you could earn with a $10,000 CD by then can make it worth opening now.

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 ...