Annuities seem to get more popular with every passing year. Part of the reason for this lies in their tax deferred growth benefit. This is to say that money put into an annuity does not have its earnings taxed. Eventually though, the owner of the...
Fixed Annuities and Certificates of Deposit (CDs) are the two most popular savings vehicles outside of savings accounts. How then do you choose between the two? There are a number of things to consider. You want to be sure your money is safe, accessible, and working as hard for you as possible. Once we take all of this into account, it's easy to see why Fixed Annuities are gaining in popularity.
Safety