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Who Uses CD-Type Annuities

Great for Retiree Income
Since CD-type fixed annuities provide safety of principal, a competitive interest rate, and other valuable benefits, they are a great choice for the safe portion of a retiree’s investment portfolio.

Great for IRA’s and Long-Term Goals
Younger investors often use CD-type annuities to fund their long-term dreams and goals. Many investors today don’t want to invest in the stock market. For them, finding a good interest rate investment can be difficult. With safety of principal and excellent interest rates, many younger investors find CD-type annuities an excellent choice to meet their investing goals.

 

Copyright 2005 Michael Dallas, CFP®
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