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.

A 12-month or 1-year CD can provide a good middle ground for savers. "It is a time frame that gives them a strong competitive rate, and yet not too long of a term for most of their liquidity needs ...

Losing money in a CD is rare — but not impossible. The biggest risks are early withdrawals, uninsured balances, and inflation ...

The upcoming October Fed meeting has many feeling certain that the Federal Reserve will continue cutting interest rates. With savings rates hanging in the balance, many are watching closely to see ...

When it comes to certificates of deposit (CD) accounts, the interest rate is key. A low CD interest rate, as many savers saw in 2020 and 2021, is generally not worth it, considering that you'll need ...