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Stock-Market Linked CDs

August 28, 2007
By MoneyRates team | Money-Rates Columnist

Salem Five Bank Stock Index Retirement CD
The three-year Stock Index Retirement CD will earn interest based on 65% of the Standard & Poor’s 500 Index® gain and the five-year Stock Index Retirement CD will earn interest based on 70% of the Standard & Poor’s 500 Index® gain, with no rate cap for an [...]

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About Richard Barrington

Richard Barrington, CFA, is the primary spokesperson and personal finance expert for MoneyRates. He is a 20-year veteran of the financial industry, including having served for over a dozen years as a member of the Executive Committee of Manning & Napier Advisors, Inc. Richard has written extensively on investment topics, including investments, money market accounts, Certificates of Deposit's and personal finance as it relates to retirement. Richard has been quoted by numerous media publications such as the New York Times, the Wall Street Journal, and Pensions & Investments magazine.

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