But, a certificate of deposit (CD) can help. That's because today's leading accounts come with higher returns than the current inflation rate. However, strong current returns aren't the only ...

Commissions do not affect our editors' opinions or evaluations. After climbing for the past couple of years, CD rates have been slowly declining in 2024. CD rates tend to track the federal funds rate.

We asked pros: “CD rates may be lower in the near future.” – Sam Taube, lead investing writer at NerdWallet. In the near term, Taube predicts CD rates will be “slightly downward or flat.

Once you know when you'll spend it, take a look at rates for terms that are near your planned timeline, and choose the CD with the best rate. When you can put money in high-yield savings account ...

To create this list, Forbes Advisor considered 142 CD accounts across 84 financial institutions, including traditional banks, online banks and credit unions. For the star rating, we ranked each ...

The Fed held rates steady at its March Federal Open Market Committee meeting. Fed rates tend to impact CD rates, so it's expected that CD rates will stay relatively stable until the next Fed ...