But, a certificate of deposit (CD) can help ... strong current returns aren't the only reason to invest in these savings vehicles either. You can lock in today's high rates for the term of ...

A certificate of deposit is a safe ... Like many other financial vehicles, CDs at banks are FDIC insured up to $250,000; you can’t lose money in a CD any more than you can in a savings account.

Certificates of deposit tend to be less risky than other investment vehicles for a few different reasons. If you bank with an FDIC-insured bank, your CD is insured up to $250,000. Fixed rate CDs ...