If you've ever opened a certificate of deposit (CD) account or have been considering one recently, you have two primary types to choose from. A long-term CD has an account term that matures in 18 ...

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.

When it comes to certificates of deposit (CD) accounts, the interest rate is key. A low CD interest rate, as many savers saw in 2020 and 2021, is generally not worth it, considering that you'll need ...