If you can’t commit to a long-term CD, it’s still worth opening a short-term one. While you run the risk of rates dropping ...

For savers with significant cash reserves, then, opening a CD account now while you can still lock in a high rate makes sense ...

The best CDs now pay up to 4.54% APY. With a Fed rate cut expected later this week, now's the time to lock in a solid return ...

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.