Fixed Annuities vs. CDs

Fixed annuities (also known as a multi-year guaranteed annuities or MYGAs) and certificates of deposit (CDs) are good options for people who are looking to invest for a designated period without a lot of risk. Fixed annuities are insurance products that offer a safe, guaranteed and tax-deferred way to grow your retirement savings, with rates that are usually higher than CDs. CDs are offered by banks and credit unions, and are best for safe and guaranteed shorter-term investments.

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Compare today's rates and earnings between fixed annuities (MYGAs) and CDs



†Required for adjustment


†Required for adjustment

Earnings is based on the investment amount. Default table earnings reflect a $100,000 investment amount.