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By
May 21, 2026 / 1:30 PM EDT
/ CBS News
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A $40,000 long-term CD will provide extended protection for your money and a big return once the account matures.
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By
May 21, 2026 / 1:30 PM EDT
/ CBS News
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Long-term CD accounts offer extended financial protection and big returns for those looking to deposit $40,000 now.

A $40,000 short-term CD can earn a significant return for savers now. But that's not the only advantage to know.

Don't deposit $40,000 into either CD account term before knowing the interest earnings each offers right now.

If you want to protect and grow your $20,000 for an extended period, a long-term CD account is worth consideration.

Interest earnings made with an $80,000 CD account will be substantial and available relatively quickly.

Want to earn a big return on your money for months (or years)? Here's how much you'd make with a $10,000 long-term CD.