A $75,000 CD can earn hundreds and potentially tens of thousands of dollars worth of interest for savers now. Getty Images

A certificate of deposit account has multiple attractive features in today's economy. While not quite as high as they were a year or so ago, interest rates on these accounts are comfortably in the 4% to 5% range still. And rates on CDs are fixed , meaning that they'll remain the same even in the face of rate cuts (or hikes) issued during the CDs term . This allows savers to calculate their interest earnings with precision and assuages concerns over reduced earnings in the future as the CD will maintain its initial rate through to maturity . CDs are also safe, as they're FDIC-insured up to $250,000 per account, making this both a viable home for s

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