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.
| Term | Insurance Company | Interest Rate |
|---|---|---|
| 12 Months | SaveBetter | 3.00% |
| 14 Months | Sallie Mae (No-Penalty) | 3.05% |
| 24 Months | Americo Fixed Annuity | 3.55% |
| 36 Months | Canvas Fixed Annuity | 5.25% |
| 48 Months | Oxford Fixed Annuity | 4.30% |
| 60 Months | Canvas Annuity | 5.15% |
| 72 Months | Oceanview Annuity | 4.80% |
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.
Best 2 Year CD Rates and Fixed Annuity Rates – Local
| Rate Type | Company | Rate (APY) | Minimum |
|---|---|---|---|
| 2-Year CD Rate | University of Nebraska FCU | 0.35% | $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 | 0.50% | $500.00 |
| 3-Year Fixed Annuity Rate | Canvas Future Fund | 4.60% | $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 | 4.60% | $2,500.00 |
Top Fixed Annuity Interest Rates
| Company | Term | Rate | Withdrawals |
|---|---|---|---|
| Oceanview | 2 Years | 2.85% | 10% Allowed Annually |
| Canvas | 3 Years | 4.60% | 10% Allowed Annually |
| Canvas | 5 Years | 4.60% | 10% Allowed Annually |
| Canvas | 7 Years | 4.60% | 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: 3.50%
- 3-YEAR TERM: 5.25%
- 4-YEAR TERM: 4.10%
- 5-YEAR TERM: 5.15%
- 6-YEAR TERM: 4.60%
- 7-YEAR TERM: 5.15%
- 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 5.25% | Up to 3.50% |
| 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 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 where they do business. Each state insurance guarantee association protects consumers in the unlikely event the insurance company fails and defaults on its obligations to its 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
The following banks and credit unions have the highest CD rates for 3 months.
| Best 3-Month CD Rates | Rate | Term | Minimum |
|---|---|---|---|
| Synchrony Bank | 1.50% APY | 3 Months | $0.00 |
| Popular Direct | 1.75% APY | 3 Months | $10,000.00 |
| TIAA Bank | 0.90% APY | 3 Months | $1,000.00 |
| TotalDirect Bank | 2.00% APY | 3 Months | $25,000.00 |
| Bethpage Federal Credit Union | 1.75% APY | 3 Months | $50.00 |
| Merrick Bank | 2.15% APY | 3 Months | $25,000.00 |
| Chevron Federal Credit Union | 2.15% APY | 3 Months | $500.00 |
| Spectrum Federal Credit Union | 2.15% APY | 3 Months | $500.00 |
6 Month CD Rates
| Best 6-Month CD Rates | Rate | Term | Minimum |
|---|---|---|---|
| CommunityWide FCU | 3.00% APY | 6 Months | $1.000.00 |
| Quontic Bank | 1.70% APY | 6 Months | $500.00 |
| PenFed Credit Union | 1.50% APY | 6 Months | $1,000.00 |
| NASA Federal Credit Union | 3.55% APY | 9 Months | $1,000.00 |
| Synchrony Bank | 2.00% APY | 6 Months | $0.01 |
| Live Oak Bank | 2.50% APY | 6 Months | $2,500.00 |
| First Internet Bank of Indiana | 2.43% APY | 6 Months | $1,000.00 |
| Popular Direct | 2.35% APY | 6 Months | $10,000.00 |
| Merrick Bank | 3.10% APY | 9 Months | $25,000.00 |
1 Year CD Rates
The following banks and credit unions have the highest CD rates for 12 months.
| Best 12-Month CD Rates | Rate | Term | Minimum |
|---|---|---|---|
| CommunityWide FCU | 3.00% APY | 12 Months | $1,000.00 |
| Bread Savings | 3.00% APY | 12 Months | $1,500.00 |
| First National Bank of America | 2.90% APY | 12 Months | $1,000.00 |
| PenFed Credit Union | 2.75% APY | 12 Months | $1,000.00 |
| Marcus by Goldman Sachs | 3.00% APY | 12 Months | $500.00 |
| Popular Direct | 3.00% APY | 12 Months | $10,000.00 |
| Synchrony Bank | 2.75% APY | 12 Months | $0.00 |
| Alliant Credit Union | 2.90% APY | 12 Months | $1,000.00 |
| LendingClub Bank | 3.00% APY | 12 Months | $2,500.00 |
| Merrick Bank | 3.60% APY | 12 Months | $25,000.00 |
| Merchants Bank of Indiana | 3.56% APY | 12 Months | $1,000.00 |
| Connexus Credit Union | 3.51% APY | 12 Months | $5,000.00 |
2 Year CD Rates
The following banks and credit unions have the highest CD rates for 24 months.
| Best 2-Year CD Rates | Rate | Term | Minimum |
|---|---|---|---|
| Bread Savings | 3.50% APY | 24 Months | $1,500.00 |
| Synchrony Bank | 3.00% APY | 24 Months | $0.01.00 |
| First National Bank of America | 3.05% APY | 24 Months | $1,000.00 |
| Pentagon Federal Credit Union | 3.10% APY | 24 Months | $1,000.00 |
| Marcus by Goldman Sachs | 3.10% APY | 24 Months | $500.00 |
| ConnectOne Bank | 3.60% APY | 23 Months | $500.00 |
| Merrick Bank | 3.70% APY | 24 Months | $25,000.00 |
| Quorum Federal Credit Union | 3.60% APY | 24 Months | $1,000.00 |
3 Year CD Rates
The following banks and credit unions have the highest CD rates for 3 years.
| Best 3-Year CD Rates | Rate | Term | Minimum |
|---|---|---|---|
| Quontic Bank | 3.00% APY | 36 Months | $500.00 |
| Bread Savings | 3.55% APY | 36 Months | $1,500.00 |
| Pentagon Federal Credit Union | 3.25% APY | 36 Months | $1,000.00 |
| Synchrony Bank | 3.10% APY | 36 Months | $0.01% |
| First National Bank of America | 3.15% APY | 36 Months | $1,000.00 |
| Marcus by Goldman Sachs | 3.15% APY | 36 Months | $500.00 |
| Limelight Bank | 3.30% APY | 36 Months | $1,000.00 |
| Alliant Credit Union | 3.15% APY | 36 Months | $1,000.00 |
| Quorum Federal Credit Union | 4.00% APY | 30 Months | $1,000.00 |
| Merrick Bank | 3.75% APY | 36 Months | $25,000.00 |
| Connexus Credit Union | 3.61% APY | 36 Months | $5,000.00 |
4 Year CD Rates
The following banks and credit unions have the highest CD rates for 4 years.
| Best 4-Year CD Rates | Rate | Term | Minimum |
|---|---|---|---|
| Bread Savings | 3.60% APY | 48 Months | $1,500.00 |
| NASA Federal Credit Union | 3.85% APY | 49 Months | $10,000.00 |
| PenFed Credit Union | 3.00% APY | 48 Months | $1,000.00 |
| Synchrony Bank | 3.10% APY | 48 Months | $0.01 |
| First National Bank of America | 3.25% APY | 48 Months | $1,000.00 |
| Marcus by Goldman Sachs | 3.20% APY | 48 Months | $500.00 |
| Merrick Bank | 3.75% APY | 48 Months | $1,000.00 |
5 Year CD Rates
The following banks and credit unions have the highest CD rates for 5 years.
| Best 5-Year CD Rates | Rate | Term | Minimum |
|---|---|---|---|
| Bread Savings | 3.65% APY | 60 Months | $1,500.00 |
| Popular Direct | 3.40% APY | 60 Months | $10,000.00 |
| Synchrony Bank | 3.50% APY | 60 Months | $0.00 |
| PenFed Credit Union | 3.25% APY | 60 Months | $1,000.00 |
| Connexus Credit Union | 3.01% APY | 60 Months | $5,000.00 |
| First National Bank of America | 3.30% APY | 60 Months | $1,000.00 |
| Marcus by Goldman Sachs | 3.30% APY | 60 Months | $500.00 |
| Alliant Credit Union | 3.35% APY | 60 Months | $1,000.00 |
| MYSB Direct | 3.75% APY | 60 Months | $500.00 |
| Merrick Bank | 3.75% APY | 60 Months | $25,000.00 |
| KS State Bank | 3.70% APY | 60 Months | $500.00 |
Best Fixed Annuity Rates in Nebraska
For More Rates, check out our National CD and Annuity Rate Guide.
Disclaimer: I may receive a small referral fee if you purchase something using a link in this article.