In this guide, we’ll compare the best fixed annuity rates with the best CD rates in Nebraska.
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. Why settle for less than 1% on your money when you can earn 3% and liquidity?
| Term | Insurance Company | Interest Rate |
|---|---|---|
| 24 Months | Oceanview Annuity | 2.85% |
| 36 Months | Canvas Annuity | 3.80% |
| 48 Months | Oceanview Annuity | 3.35% |
| 60 Months | Canvas Annuity | 3.80% |
| 72 Months | Oceanview | 4.30% |
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. Our goal is to help you find the highest interest rates for your retirement savings.
Best 2 Year CD Rates and Fixed Annuity Rates – Local
| Rate Type | Company | Rate (APY) | Minimum |
|---|---|---|---|
| 2-Year CD Rate | University of Nebraska FCU | 0.25% | $500.00 |
| 2-Year Fixed Annuity Rate | Oceanview | 2.70% | $20,000.00 |
Best 3 Year CD Rates and Fixed Annuity Rates – Local
| Rate Type | Company | Rate (APY) | Minimum |
|---|---|---|---|
| 3-Year CD Rate | University of Nebraska FCU | 0.30% | $500.00 |
| 3-Year Fixed Annuity Rate | Canvas Future Fund | 3.80% | $2,500.00 |
Best 5 Year CD Rates and Fixed Annuity Rates – Local
| Rate Type | Company | Rate (APY) | Minimum |
|---|---|---|---|
| 5-Year CD Rate | LibertyFirst Credit Union | 0.70% | $500.00 |
| 5-Year Fixed Annuity Rate | Canvas Future Fund | 3.80% | $2,500.00 |
Top Fixed Annuity Interest Rates
| Company | Term | Rate | Withdrawals |
|---|---|---|---|
| Oceanview | 2 Years | 2.85% | 10% Allowed Annually |
| Canvas | 3 Years | 3.80% | 10% Allowed Annually |
| Canvas | 5 Years | 3.80% | 10% Allowed Annually |
| Canvas | 7 Years | 3.80% | 10% Allowed Annually |
Popular Bank Rate Searches
Certificates of Deposit vs. Fixed Annuity
The Top Fixed Annuities
Fixed annuities offer a guaranteed return for a set amount of years, similar to a CD. Guaranteed crediting rates for the terms below:
- 2-YEAR TERM: 2.85%
- 3-YEAR TERM: 3.80%
- 4-YEAR TERM: 3.70%
- 5-YEAR TERM: 3.80%
- 6-YEAR TERM: 4.30%
- 7-YEAR TERM: 3.85%
- Grow your money as fast as possible
- Principal protection
- The interest rate is locked for the term you select
- Tax-deferred growth
- Withdraw annually without penalty
- Lump-sum death benefits
- Accepts cash, 401(k), and IRA Funds
What’s The Difference Between a Fixed Annuity and a CD?
| Feature | Fixed Annuity | CD |
|---|---|---|
| Who Offers | Insurance Company | Banks |
| Premium Amounts | $2,500 to $1 Million | $500 – No Maximum |
| Terms | 2 Years to 20 Years | 3 Months to 7 Years |
| Guaranteed Interest Rates | Up to 3.25% | Up to 1.25% |
| Triple Compounding | Yes | No |
| Principal Protection | Yes | Yes |
| Can Lose Money? | No | No |
| Liquid After Term | 100% | 100% |
| How Are Gains Taxed? | Tax-Deferred | Taxed Annually |
| Annual Liquidity | Up to 10% Annually | No Liquidity |
| Who Protects My Money? | Insurance Company/SGA | FDIC |
| Accepts IRA | Yes | No |
| Accepts 401(k) | Yes | No |
| Death Benefit | Lump-Sum | Lump-Sum |
Are Annuities FDIC Insured?
Fixed annuities are not FDIC insured, but they have similar protections for your money. An annuity is an insurance policy guaranteed by the insurance company’s claims-paying ability. The insurance companies are members of the state insurance guarantee associations in each state where they do business. Each state insurance guarantee association protects consumers in the unlikely event that their insurance company fails and defaults on their obligations to their consumers (limits vary per state).
For example, Georgia insures up to $250,000 of the annuity’s cash value per insured life if the insurance company becomes insolvent and can not fulfill its obligations to the insured.
Best CD Rates in Nebraska
3 Month CD Rates
| Best 3-Month CD Rates | Rate | Term | Minimum |
|---|---|---|---|
| Spectrum Federal Credit Union | 0.50% APY | 3 Months | $500.00 |
| Navy Federal Credit Union | 0.40% APY | 3 Months | $1,000.00 |
| Chevron Federal Credit Union | 0.50% APY | 3 Months | $500.00 |
6 Month CD Rates
| Best 6-Month CD Rates | Rate | Term | Minimum |
|---|---|---|---|
| CommunityWide FCU | 0.80% APY | 6 Months | $500.00 |
| Edward Jones | 0.75% APY | 6 Months | $1,000.00 |
| Charles Schwab | 0.80% APY | 6 Months | $1,000.00 |
1 Year CD Rates
| Best 12 Month CD Rates | Rate | Term | Minimum |
|---|---|---|---|
| CommunityWide FCU | 0.90% APY | 12 Months | $1,000.00 |
| Edward Jones | 1.20% APY | 12 Months | $1,000.00 |
| Charles Schwab | 1.40% APY | 12 Months | $1,000.00 |
2 Year CD Rates
| Best 2-Year CD Rates | Rate | Term | Minimum |
|---|---|---|---|
| Amarillo National Bank | 1.75% APY | 24 Months | $1,000.00 |
| Edward Jones | 2.20% APY | 24 Months | $1,000.00 |
| Oceanview Fixed Annuity | 2.10% APY | 24 Months | $80,000.00 |
3 Year CD Rates
| Best 3-Year CD Rates | Rate | Term | Minimum |
|---|---|---|---|
| Edward Jones | 2.55% APY | 36 Months | $1,000.00 |
| Canvas Annuity | 3.80% APY | 36 Months | $2,500.00 |
4 Year CD Rates
| Best 4-Year CD Rates | Rate | Term | Minimum |
|---|---|---|---|
| Edward Jones | 2.60% APY | 48 Months | $1,000.00 |
| Guggenheim | 3.05% APY | 48 Months | $5,000.00 |
5 Year CD Rates
| Best 5-Year CD Rates | Rate | Term | Minimum |
|---|---|---|---|
| Edward Jones | 2.30% APY | 60 Months | $1,000.00 |
| Canvas Annuity | 3.80% APY | 60 Months | $2,500.00 |
Best Fixed Annuity Rates in Nebraska
For More Rates, check out our National CD and Annuity Rate Guide.
Find CD Rates and Fixed Annuity Rates By State
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