If you want to protect and grow your $20,000 for an extended period, a long-term CD account is worth consideration.
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June 25, 2026 / 1:38 PM EDT
/ CBS News
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A $20,000 2-year CD account could produce a big return for savers. Here's what to know before getting started now.
Keeping $25,000 protected in a long-term CD can be a practical (and profitable) move for savers this July.
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.
Interest earnings on a CD of this size and length will be substantial, but that's not the only advantage for savers.
A $40,000 long-term CD will provide extended protection for your money and a big return once the account matures.
Interest earnings on a CD account of this size will be substantial and, unlike other savings accounts, guaranteed.
