A "CD ladder" might sound like some complex investing strategy, but it's actually very simple -- and profitable. And with interest rates on the decline, now is the perfect time to lock in a high APY ...

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.

Average rates on CDs often exceed what you receive on other savings products because you agree to leave your money on deposit for a set period of time. Strategies like laddering can provide you with ...

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Inflation soared during the pandemic, and the Fed's efforts to tame it drove up interest rates over 2022 and 2023. While the annual inflation rate in 2020 was a mere 1.23%, it peaked at 8% in 2022 ...

Today’s highest CD rate is 4.94% for a jumbo 6-month CD. CD rates from online banks are commonly twice as high as the national average rates. CD ladders let you leverage high rates without locking up ...