Fixed Annuities vs. Bank CDs

Total Votes: 7 / Interest: 240
I Like It
  • Annuity CD
  • Safety of principal Yes Yes
  • Tax-deferred accumulation Yes No
  • Interest rate guarantee Yes Yes
  • Early withdrawal charges Possibly Yes
  • Liquidity without charges Yes No
  • Impact on Social Security No Yes
  • Penalty-free death benefit Yes No
  • Provide lifetime income Yes No