Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a ...

Although the varieties of savings vehicles and services available through banks and other financial institutions seem endless, they may generally be grouped into one of four categories, as follows: (1 ...

What Is a Fixed-Rate Certificate of Deposit? A Fixed-Rate Certificate of Deposit, often referred to as a Fixed-Rate CD, is a type of time deposit offered by banks and credit unions. When an individual ...

Yes. Interest and principal forfeited to a bank or other financial institution as a penalty for premature withdrawal of funds from a certificate of deposit or other time deposit are deductible ...

A deposit is the money you entrust to a financial institution for safekeeping. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take ...