bank rates

Indexed CDs: More To Gain, Less To Lose

With interest rates on traditional CDs so low, why not take a chance on an indexed CD?

With interest rates on traditional CDs so low, why not take a chance on an indexed CD?By taking a chance, we don’t mean taking a chance with your principal.

That’s still FDIC insured.

We mean take a chance on how much you might — or might not — earn.

The return on indexed or market-linked certificates of deposit isn’t fixed as it is with traditional CDs.

It’s tied to a stock market index like the S&P 500, although it can also be dependent on everything from commodity prices to Treasury bill rates.

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