Posts Tagged “Certificate of deposit”
Fixed Annuities: What is a Fixed Annuity?
By Jorge Hiram Garcia, Your Insurance Advisor | May 19, 2010
The fixed annuity is similar to a bank CD or Certificate of Deposit. The fixed annuity buyer is assured a guaranteed rate of return for a specific period of time, or term. In the majority of cases, the longer the term, the higher the rate of return.




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