Interest Earned of CD Roth IRA?

I just found out that the interest on my Roth IRA Cd is marked as "earned not yet paid" to the account. The investment banker explained to me that the interest will not be posted to the account until CD matures. Is this correct? Another words, the interest will be calculated on the original amount, and not on the original amount plus interest. I'm confused.

That is correct. With a CD you don't actually receive the interest until you redeem the CD. But it is still being earned. The interest will still be compounded and you will receive the entire amount when at redemption.

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