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
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
