MENU

Fun & Interesting

What's The Difference Between a CD and a Fixed Annuity?

Video Not Working? Fix It Now

#annuities #financialplanning #safeinvesting A popular question that's asked by approaching or current retirees is what's the difference between a CD and a fixed annuity? On the surface, there might not look like there's much of a difference. Scott breakdowns these two products and explains how interest rates and the safety of your money can differ. 0:00 - CD vs. Fixed Annuity 0:16 - What Are They? 0:59 - Safety of Your Money 2:26 - Compound vs. Simple Interest 3:44 - Access 5:02 - Interest Rates POP QUIZ: Do you know what MYGA stands for? Drop it in the comments below if you know! Visit our Website: https://www.sesweb.net/ Follow Us on Facebook: https://www.facebook.com/SecureEstateSolutions/ Email Us: [email protected] Questions? Call Us At: (800) 345-3155 Investment Advisory Services offered through Alphastar Capital Management, LLC a SEC Registered Investment Adviser. SEC registration does not constitute an endorsement of the firm by the Commission, nor does it indicate that the adviser has attained a particular level of skill or ability.” Alphastar Capital Management, LLC and Secure Estate Solutions, LLC are separate and independent entities.

Comment