Kelly is a former editor for CNET Money covering banking. She has over 10 years of experience in personal finance and previously wrote for CBS MoneyWatch covering banking, investing, insurance and ...

Not sure if it's worth depositing $40,000 into a CD now? It can still be a smart move and, thanks to a fixed interest rate, ...

"It's expected that CD rates will come down by the end of the year," says Krisstin Petersmarck, founder at New Horizon ...

CD rates are still near recent highs, with many offering more than 4.00% APY. The Fed is expected to start cutting rates later this year, which will mean a dip in CD rates. Locking in a rate now can ...

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.

Kelly is a former editor for CNET Money covering banking. She has over 10 years of experience in personal finance and previously wrote for CBS MoneyWatch covering banking, investing, insurance and ...