Either way, don't expect annuities and CDs to go out of style anytime soon. Not when you can lock in a rather decent interest rate without having to take on excessive amounts of risk. At the end ...

Fixed-rate annuities act much like bank certificates of deposit but usually pay much higher rates than CDs of the same term. How can insurers afford to do that? After all, both banks and insurers ...

People in their 50s or older in particular can boost savings with tax deferral and/or create their own pension. Rates are up ...

But these days, I’m not turning to products like annuities, CDs, or bonds to generate steady returns on my money. I’m turning to a high-yield savings account. And you may want to do the same.

It’s a fixed-rate annuity — also known as a multi-year guarantee annuity or a CD-type annuity. You can earn up to 2.40% for a three-year fixed annuity and up to 3.05% annually for a five-year ...

A combination of CDs, high-yield savings, and T-Bills (and perhaps no annuities) could be enough to meet the needs of such a risk-averse Baby Boomer. As always, a financial advisor could be a ...

“While indexed annuity sales were down for the quarter, low CD rates and an upward-trending market lent to increases in this product line for the same quarter last year, as well as for 2024 ...

An annuity may help you stave off future inflation. This is a big maybe, however. “While many people keep large amounts of cash in a savings account or low-rate CD, an annuity might be a better ...