It often pays for retirees to put money into CDs. I'm not close to retirement, so I'm more focused on stocks these days. CDs are a good option when saving for near-term goals, not long-term ones. The ...

With certificates of deposit now paying around 4% and even higher, many near-retirees are staring at their old sub-3% ...

Miranda Marquit, MBA, is a freelance contributor to Newsweek’s personal finance team. She has an M.A. in journalism from Syracuse University and has been writing and podcasting about money since 2006.

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Rajeev Dhir is a writer with 10+ years of experience as a journalist with a ...

Understanding the nuances of how each product works is essential to determining whether they’re right for your financial goals — or how they might even work together. But comparing the ins and outs of ...