
Tax considerations for certificate of deposit (CD) investors
Taxes on CD interest aren’t always clear-cut. Here’s what you need to know.
Karen Bennett is a senior consumer banking reporter at Bankrate. She uses her finance writing background to help readers learn more about savings and checking accounts, CDs, and other financial matters.
Karen brings decades of writing and reporting experience to the table, including the roles of credit cards writer for travel website Million Mile Secrets and money and career writer for The Cheat Sheet. Her work has also appeared in USA Today, Illinois Legal Times, and several Chicago, Milwaukee, and Washington, D.C. newspapers. In addition, she’s worked in the areas of marketing and business development, and she was product manager for a consumer money-saving website.
When she’s not writing Bankrate articles, she can often be found cheering her kids on at soccer games, cooking and reading up on saving for retirement and other personal finance topics.
Taxes on CD interest aren’t always clear-cut. Here’s what you need to know.
Read up on leading CD rates today and the impact of economic trends on your savings. Bankrate can help you choose the right CD offer to maximize your savings potential.
Read up on leading CD rates today and the impact of economic trends on your savings. Bankrate can help you choose the right CD offer to maximize your savings potential.
Read up on leading CD rates today and the impact of economic trends on your savings. Bankrate can help you choose the right CD offer to maximize your savings potential.
Read up on leading CD rates today and the impact of economic trends on your savings. Bankrate can help you choose the right CD offer to maximize your savings potential.
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Discover today's top CD rates and gain insights on how economic trends impact your yield with Bankrate's expert analysis of CD products.