If you’re looking for a safe and secure investment option in Florida, you may want to consider certificates of deposit (CDs) or fixed annuities. Both options offer relatively low risk and the potential for a stable return on investment. However, finding the best CD and fixed annuity rates in Florida can be challenging, with many options available. That’s why we’ve put together this comprehensive guide to help you make the best choice for your financial future.
Earn The Highest Interest Rates On Savings Today
Fixed annuities are almost identical to Certificates of Deposit (CDs) accounts and provide higher interest rates and penalty-free withdrawals for income.
| Term | Insurance Company | Interest Rate |
|---|---|---|
| N/A | UFB Bank Savings Account | 5.02% |
| N/A | UFB Bank Money Market | 5.02% |
| 12 Months | Western Alliance Bank CD | 5.01% |
| 36 Months | Oceanview Fixed Annuity | 5.00% |
| 48 Months | Americo Fixed Annuity | 5.05% |
| 5 Years | Aspida Fixed Annuity | 5.50% |
| 6 Years | American National Fixed Annuity | 5.45% |
| 10 Years | American National Fixed Annuity | 5.45% |
Disclaimer: This is a review. The Annuity Expert is not associated with a bank or credit union. However, fixed annuities are sold at most financial institutions. We aim to help you find the highest interest rates for your retirement savings. We may receive a small referral fee if you purchase something using a link in this article.
The Best Fixed Annuity Rates In Florida
Fixed annuities are another low-risk investment option that can provide a steady income in retirement. With a fixed annuity, you deposit a lump sum with an insurance company, which then pays you a guaranteed interest rate. Here are some of the best-fixed annuity rates in Florida today:
Best CD Rates In Florida
CDs are a low-risk investment option where you deposit a lump sum of money for a fixed term, usually from one month to five years. You earn a guaranteed interest rate in exchange for keeping your money with the bank for a fixed period. Here are some of the best CD rates in Florida:
Next Steps
In conclusion, certificates of deposits and fixed annuities can be some of the most reliable when looking for safe and secure investment options in Florida. However, with so many different CDs and fixed annuities to compare and review, finding the best investment rates can get confusing. That’s why we put together this guide–to provide you with the funds and knowledge to make a well-informed decision. Hopefully, you found it informative and beneficial in helping you choose the financial product that makes sense for your future.
If you have any further questions or want a quote on CD or fixed annuity rates in Florida, feel free to contact us anytime! We’re here to help ensure that your investments today will result in peace of mind tomorrow.
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Disclaimer: I may receive a small referral fee if you purchase something using a link in this guide.