Fixed-rate deferred annuities, like CDs, pay interest over a specific term that is frequently three, five or seven years. Commissions are typically 1% to 2%, said Stan Haithcock, an independent ...

CDs and annuities are great options for ... If you just need to have a specific feature (let's say, tax deferral or fixed income), annuities may be the better option, given their customizability.

Fixed annuities are essentially CD-like investments issued by insurance companies. Like CDs, they pay guaranteed rates of interest, in many cases higher than bank CDs. Fixed annuities can be ...

No-frills fixed annuities with a three-year guaranteed interest rate — akin to a certificate of deposit (CD) — are offering up to 5.85 percent in January 2025, compared to the top three-year ...

However, the decision to exchange your annuity should not be taken lightly and may even have financial consequences. Unfortunately, it’s not as simple as cashing out and moving on to another savings ...