Tired of Low Yield CD’s?
Market Linked CD’s Offer an Alternative!
Market linked CD’s are perhaps the best kept secret in banking. More than twenty years ago, a few major banks started offering their special customers certificates of deposit that were ‘linked’ to gains in a stock market index.
Unlike direct stock market purchases, funds placed in these new types of bank CD’s were completely protected from stock market losses. However, when the market index rises, a percentage of the gain is credited to the CD as interest. Like all bank CD’s, Market Linked CD are FDIC insured.
As one would expect, market linked bank CD’s are a little more complicated than traditional certificates of deposit. Ask your Annuity Coach if these unique CD’s can increase your retirement returns.
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