CD Annuities are a Great Way To Invest Your Money

Oct. 23, 2009 - PRLog -- Chicago (InsuranceAgents.com) - When you want to invest your money there are many options available to you and it can be hard to make an informed decision. How do you know which route is best for you? A CD annuity has some qualities of a fixed annuity and a regular bank CD but its interest rate is beneficial for a longer period of time.

http://www.insuranceagents.com/cd-annuity.html

In a recent article posted by InsuranceAgents.com, "CD Annuity: Not Your Average Annuity," they help describe some of the differences a CD Annuity has but why it is overall beneficial and for who. "Bank CDs are best used for short-term investments with almost no liquidity. CD annuities, on the other hand, are intended for long-term investments and contain limited liquidity," states the article, "Middle-aged to late-middle-aged investors are the ideal candidates for CD annuities because of their income. The higher the income, the more valuable the tax deferral of a CD annuity becomes." There are always risks when it comes to investments, a CD annuity is not perfect. A long term investment can lead to a small return for the investor if rates rise.

If you are looking to make a long term investment and want to know more about annuities, what types there are and how they will benefit you, contact a local life insurance agent to get started. They will give you all the annuity information you need and answer all the questions you have. They wont let you make an investment until you are completely comfortable and knowledgeable.

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