Simple interest is paid only on the principal, e.g., a $10,000 investment at 5% yields $500 annually. Compound interest accumulates on both principal and past interest, increasing total returns over ...

Vanguard offers brokered CDs through various banks with competitive rates and a wide range of terms. Learn all the details ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. When it comes to interest, you’re either paying it or earning ...

Waiting endlessly for your tax refund can test anyone's patience. The silver lining? The government compensates you with ...