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
