"Interest paid on your CDs will be taxed as ordinary income just like wages when you file your taxes," said Lisa Greene-Lewis ...

Learn all about various types of certificates of deposit, how they work and how they potentially fit into your savings and investment planning. Browse Investopedia’s expert-written library to ...

A certificate of deposit (CD ... the flexibility to remove your money without sacrificing any of your interest earnings, this may be the CD for you. Bump-up CDs A bump-up CD lets you request ...

(Note: At credit unions, CDs are known as share certificates ... deposit the interest you earn back into your CD or pay those earnings out to you at regular intervals (e.g., once a month or ...