The Best Fixed Annuity and CD Rates in Nevada (July 2024)

Shawn Plummer, CRPC

Chartered Retirement Planning Counselor

Investing your money can be confusing and overwhelming, especially when you have multiple options. Two popular investment vehicles for those looking for steady, low-risk growth are fixed annuities and certificates of deposit (CDs). If you’re a resident of Nevada, you may be wondering which of these options is the best for you. This guide will compare the best-fixed annuity rates with the best CD rates in Nevada to help you make an informed decision.

Our Favorite Rates To Grow Your Money

TermSavings AccountInstitutionAPY
N/AMoney Market AccountHarborstone Credit Union5.25%
N/ASavings AccountWestern Alliance Bank5.27%
12 MonthsCDBread Savings5.15%
5 YearsFixed AnnuityWichita National6.50%

Disclaimer: This is a comparison review. The Annuity Expert is not associated with a bank or credit union. We aim to help you find the highest interest rates for your savings. We may receive a small referral fee if you purchase something using a link in this guide.

The Best Fixed Annuity Rates In Nevada

With a fixed annuity, you deposit a lump sum of money with the insurance company, which then invests the money and guarantees a fixed rate of return.

The Best CD Rates In Nevada

A CD is a low-risk investment product offered by banks and credit unions. When you invest in a CD, you deposit a lump sum for a specific period, usually from one month to five years. In exchange for your deposit, the bank or credit union pays you a fixed interest rate over the term of the CD.

How Do Fixed Annuities and CDs Compare in Nevada?

There are several factors to consider when comparing fixed annuities and CDs in Nevada. These include the interest rate, the length of the investment term, the minimum deposit requirements, and the level of risk involved.

Interest Rates

One of the main differences between fixed annuities and CDs is the interest rate. In Nevada, fixed annuity rates tend to be higher than CD rates, but the exact amount can vary based on several factors, including the length of the investment term and the size of your deposit.

Investment Term

The length of the investment term is another critical consideration. Fixed annuities typically have longer investment terms than CDs, meaning you’ll need to tie up your money for longer. On the other hand, CDs have shorter investment terms, which means you’ll have access to your money sooner, but you may also miss out on the potential for higher returns that come with a longer investment term.

Minimum Deposit Requirements

Another difference between fixed annuities and CDs is the minimum deposit requirement. Fixed annuities often have higher minimum deposit requirements than CDs, so you’ll need more money to invest. This may make fixed annuities less accessible to some investors.


Finally, it’s essential to consider the level of risk involved with each option. Fixed annuities are considered low-risk investments, but they are not entirely risk-free. CDs are also considered low-risk investments, but the FDIC does not insure CDs, so some risk is involved.

How We Can Help

At The Annuity Expert, we understand that finding the right investment can be overwhelming. With 15 years of experience as an insurance agency, annuity broker, and retirement planner, we’re dedicated to helping you navigate your options to find the best solutions at the lowest costs.

Your Financial Challenge

The core problem we solve is finding secure and profitable savings solutions tailored to your needs. Many savers struggle with low-interest rates and uncertain financial products, which can lead to anxiety and frustration. We recognize these challenges and are here to offer our expertise.

Our Commitment to You

We believe in transparency, reliability, and personalized service. Our goal is to provide you with the highest quality financial products that ensure your money works as hard as you do.

What We Recommend

Step 1: Initial Consultation

  • First Step: Schedule a free consultation with our experts. During this session, we will understand your financial goals and assess your current investment strategy.
  • Main Benefit: Gain clarity on your financial goals and the best path forward.

Step 2: Personalized Recommendations

  • What We Do: Based on your unique needs, we will provide tailored investment recommendations that offer the best returns and terms.
  • Main Benefit: Receive personalized advice that maximizes your investment potential.

Step 3: Secure Your Investment

  • Final Step: We assist you in opening your chosen investment accounts, ensuring all details are handled smoothly and efficiently.
  • Main Benefit: Secure a high-return investment with confidence, knowing you’ve made an informed decision.

Features and Benefits

  • Expert Advice: Personalized guidance to help you select the best investment options.
  • Updated Rates: Access to the latest and most competitive investment products.
  • Convenience: A wide range of investment options in one place.

Addressing Common Objections

  • Objection: “I’m worried about investment risks.”
    Response: We’ll help you choose a diversified portfolio that matches your risk tolerance and financial goals.
  • Objection: “Investment options seem too complex.”
    Response: Our experts simplify the process, providing clear and concise recommendations tailored to your needs.

Without our guidance, you might miss out on the best investment options and returns, potentially impacting your financial growth and stability.

By working with us, you’ll enjoy higher returns on your investments, peace of mind from secure financial products, and the confidence that comes with expert financial advice.

Imagine the relief and satisfaction of knowing your investments are growing efficiently and securely. Our tailored approach ensures you feel valued, supported, and confident in your financial future.

For free advice or a personalized quote, contact The Annuity Expert. Let us help you secure the best investment options and achieve your financial goals.

The Best Fixed Annuity And Cd Rates In Nevada

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Disclaimer: I may receive a small referral fee if you purchase something using a link in this guide.

Shawn Plummer, CRPC

Chartered Retirement Planning Counselor

Shawn Plummer is a Chartered Retirement Planning Counselor, insurance agent, and annuity broker with over 14 years of first-hand experience with annuities and insurance. Since beginning his journey in 2009, he has been pivotal in selling and educating about annuities and insurance products. Still, he has also played an instrumental role in training financial advisors for a prestigious Fortune Global 500 insurance company, Allianz. His insights and expertise have made him a sought-after voice in the industry, leading to features in renowned publications such as Time Magazine, Bloomberg, Entrepreneur, Yahoo! Finance, MSN, SmartAsset, The Simple Dollar, U.S. News and World Report, Women’s Health Magazine, and many more. Shawn’s driving ambition? To simplify retirement planning, he ensures his clients understand their choices and secure the best insurance coverage at unbeatable rates.

The Annuity Expert is an independent online insurance agency servicing consumers across the United States. The goal is to help you take the guesswork out of retirement planning and find the best insurance coverage at the cheapest rates

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