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

Interest earnings on a CD account of this size will be substantial and, unlike other savings accounts, guaranteed.

A $40,000 long-term CD will provide extended protection for your money and a big return once the account matures.

Have $15,000 earning little interest in a regular savings account? Here's what you'd earn by moving it into a CD now.

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