CDs are taxed at the same rate as your ordinary income. If you purchased a multi-year CD, you can expect an interest statement from your financial institution each year the CD is active. Think back.

Compact discs, or CDs, were revolutionary when they first emerged as a new medium for listening to music in the 1980s. Part of their success is alluded to in the name itself: the slim, compact size of ...

Interest rates are falling, and they could drop again soon. The Federal Reserve has cut its benchmark rate twice this year, bringing it down to a range of 3.75% to 4%. While another cut at the Fed's ...

Trending Now: Suze Orman's Secret to a Wealthy Retirement--Have You Made This Money Move? How Many CDs Can I Have? Most banks don’t cap the number of CDs you can open, as long as you meet the minimum ...