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.

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 CD ladder can be an effective way to reduce the negative impact of changes in interest rates. Today's falling interest rates create unusual challenges, with shorter-term rates higher than ...

Our team reviewed 154 of the country’s largest and most prominent financial institutions, from big banks like Chase and Bank of America to credit unions like Navy Federal Credit Union and PenFed ...

Many people use certificates of deposit (CDs) as a safe, predictable way to grow their savings. But what do you do when your CD matures? You’ll enter a short grace period where you can withdraw your ...

Certificates of deposit (CDs) often offer the best rates for savings. However, to get the highest annual percentage yield (APY), you need to agree to keep your money with the financial institution for ...