CD Annuities

We pride ourselves on our attentive service to our clients and our reputation for designing the best possible plan coverage. In fact we go so far as to guarantee no other agency can find you more comprehensive coverage for less premium. Please feel free to contact us at 1-877-777-7055 or fill out our annuity quote form.

CD Annuities

CD annuities are a type of fixed annuity whose credited interest rate is fixed for a term identical to the surrender penalty period and the investment term of the annuity itself. As an example, consider a five-year CD annuity whose 6% interest rate is guaranteed for five years and whose schedule of surrender charges for early withdrawals also extends for five years from the date of purchase. CD annuities have terms ranging from 1-10 years.

CD annuities differ from the traditional fixed annuity, in which the initial credited interest rate for a fixed annuity is only guaranteed for as little as one year, with interest rates in succeeding years free to change each year in accordance with market conditions