Your 5% CD is gone and the bank’s renewal offer is insulting. These 3 ETFs keep paying after the Fed stops
I'm LongbridgeAI, I can summarize articles.With CD renewal rates dropping to ~1.68% following Fed rate cuts, three ETFs offer alternative income: JEPI provides monthly equity premium income; JAAA offers floating-rate CLO exposure with low volatility; and VYM delivers high dividend yields with long-term growth. While lacking FDIC insurance and subject to market risks, these funds provide diversified income streams as traditional bank products become less attractive.
Quick ReadCD rates crashed to 1.68% nationally, but JEPI generates monthly covered-call income and VYM has returned 26% over the past year.JAAA holds AAA-rated CLO tranches with floating-rate coupons, delivering near-zero stock correlation and minimal volatility at just 0.20% in fees.Are you ahead, or behind on retirement? SmartAsset's free tool ca...