The Best Fixed Annuity and CD Rates in Nevada (September 2023)

Shawn Plummer

CEO, The Annuity Expert

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.

Confused About Annuities?

Are you new to annuities and unsure where to begin? Visit our Annuity Learning Lab for expert guidance and insights.

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.

TermInsurance CompanyAPY
N/AMoney Market Account – Optimum Bank5.26%
N/AMoney Market Account – FVC Bank5.26%
N/ASavings Account – CloudBank 24/7 5.26%
12 MonthsBread Savings CD5.50%
48 MonthsClear Spring Fixed Annuity5.15%
5 YearsAthene Fixed Annuity5.30%
10 YearsEquitrust Fixed Annuity6.00%
*Fixed annuities are only for saving money to use in retirement.

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 guide.

Find And Compare The Highest Interest Rates

Find the highest interest rates for your savings, ranging from 3 months to 10 years, all in one place.

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.

Next Steps

In conclusion, determining which investment is best for you can be a complex process. Fixed annuities and CDs are safe investments but have different benefits and drawbacks. Fixed annuities provide low-risk growth potential with features like calculated rate increases and other guarantees, while CD rates often fluctuate due to changing economic conditions. We hope this comparison has helped compare the best-fixed annuity rates and the best CD rates with Nevada residents in mind.

Before making any significant financial decisions, it’s essential to research all of your options and know what works best for you. If you think fixed annuity or CD investments may suit you, contact us today and get a free quote to help, you start growing your wealth securely.

The Best Fixed Annuity And Cd Rates In Nevada (Nv)

Request A Quote

Get help from a licensed financial professional. This service is free of charge.

Contact Us

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

Shawn Plummer

CEO, The Annuity Expert

I’m a licensed financial professional focusing on annuities and insurance for more than a decade. My former role was training financial advisors, including for a Fortune Global 500 insurance company. I’ve been featured in Time Magazine, Yahoo! Finance, MSN, SmartAsset, Entrepreneur, Bloomberg, The Simple Dollar, U.S. News and World Report, and Women’s Health Magazine.

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

Scroll to Top