A $40,000 short-term CD can earn a significant return for savers now. But that's not the only advantage to know.
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May 22, 2026 / 1:55 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.
Long-term CD accounts offer extended financial protection and big returns for those looking to deposit $40,000 now.
Opening a $40,000 5-year CD account now could be a smart choice for savers. Here's how much interest they'd earn.
Thinking of transferring $40,000 into an 18-month CD now? Here's how much interest you would earn if you did.
A $40,000 9-month CD will produce a sizable return for savers who act now, but it's not the only benefit to consider.
A $40,000 1-year CD account will produce a substantial return for savers (and it will be available by next summer).
