FDIC Insured Index-Linked CDs — Play the Market without Risk
Want to play the stock market without risk? FDIC insurance will help you do that. The FDIC insures the “index-linked” CDs offered by some banks. These CDs pay interest based upon the overall performance of a stock market index, and your principal deposit is FDIC insured up to current limits (generally $100,000 and $250,000 for retirement accounts). Here’s an example of how [...]
Categories: CD savings, retirement income Tags: CDs, FDIC insuered, FDIC insurance, index-linked
How to Earn More – FDIC Insured CDs part 1
Callable CDs “Callable CDs” are a variety of CDs that often pay more than regular (non-callable) CDs. These CDs come with Federal Deposit Insurance Corporation insurance (FDIC), full principal repayment at maturity and above-average yields. These insured CDs appeal to safety-conscious retirees looking for income. Although FDIC insured, that does not mean they are not without risk. These FDIC insured CDs have features [...]
Categories: CD savings, retirement income Tags: callable CDs, CDs, certificates of deposit, FDIC
Get a High CD Return but Be Aware
The attraction of a certificate of deposit (CD) is its higher interest rate over your bank’s regular savings account rate. Also, federal deposit insurance secures it up to $100,000 per institution ($250,000 if an IRA). CD returns today offer new options that seniors who seek short term secure investments should be aware of. CDs can play an important part of the conservative [...]
Categories: CD savings, retirement income Tags: Bank CDs, certificate of deposit
Increased income from your CD savings
Are you disturbed by the rates on CD savings at your bank? Not enough to satisfy your retirement income plan goals? Many banks are FDIC insured, just like your local bank. Shop around for the best Certificates of Deposit. Check out other banks and saving institutions in your neighborhood, and in other states. Their rates could be higher than what [...]
Categories: CD savings Tags: cd savings, FDIC insurance, retirement consultants, retirement income plan
