CD Type Annuity

An Annuity is a Contract between you and an insurance company much like a certificate of deposit is between you and the bank. You simply place money into a policy for a set period of time much like you would with a certificate of deposit and in return the insurance guarantees to pay you a set amount of interest on that deposit.

Annuities are extremely safe and are protected by each states guarantee fund and the claims paying abilities of the insurer. more information on safety

What are the Benefits of an Annuity compared to a CD?

Often annuities provide better rates of return than certificates of deposit. In addition, annuities offer a tax deffered growth which provide interest payments on the interest you earn as well as the money you would have spent on taxes. This is sometimes referred to as triple compounding interest.

Click the link for a a list of current annuity interest rates.

Or a free no obligation informational packet complete the Annuity Information Request Form.