With an interest rate cut on the horizon, savers should carefully consider both CD account terms closely right now.

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

Tim Maxwell is a freelance writer who covers investing, real estate, banking, credit education and other personal finance topics. At its July meeting, the Federal Reserve decided to hold interest ...

Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three years of experience covering financial topics like insurance, ...