In terms of safety, most -- but not all -- CDs are protected by FDIC insurance. That means if your bank failed, you'd almost ...

When CD rates started to climb last year, I was pretty quick to throw more money into CDs to capitalize. Maybe you did the same. And these days, you can still earn 5% (and sometimes more) on a CD ...

Learn all about various types of certificates of deposit ... Browse Investopedia’s expert-written library to learn more. CDs, along with other types of deposit products, do not build credit.

Some states do not tax interest income at all, while others have a flat or tiered tax rate. Pro Tip CDs held in a tax-advantaged account, such as an individual retirement account (IRA), may be ...

But there’s more to the story. Not all CDs are FDIC-insured. For example, the FDIC does not insure credit union CDs. Credit unions have their own insurer, the National Credit Union ...

That all noted, early withdrawal penalties on a long-term CD can be steep, potentially eliminating most or all of the interest earned to date. So it's critical that whatever CD term you ultimately ...

Build a CD ladder to take advantage of today's rates without locking all your money up for years. CDs are best for people who want safe, steady returns. Savings accounts offer more flexibility ...

Laddering CDs can help you lock in today's high rates without tying up all your cash for years. High-yield savings accounts are a strong alternative if you need full access to your cash.

The rate of return is nearly always guaranteed upon opening a CD. But not all savings are ideal for CDs. » COMPARE: Best CD rates CDs aren’t best for an emergency fund. A standard guideline is ...