Compare the Best Interest Rates by State Before You Buy or Invest

Shawn Plummer, CRPC

Retirement Planner, Financial Advisor, Annuity Broker, and Insurance Agent

Discover the Best Interest Rates to Grow Your Savings by State

When choosing where to put your money, knowing how interest rates compare by state is critical. Rates on products like CDs (certificates of deposit) and MYGAs (multi-year guaranteed annuities), and fixed indexed annuities (FIAs) often vary depending on location, insurer licensing, and state-specific regulations. Below is a breakdown of the main investment products where state comparisons matter.

Tip: Use our annuity rates directory to start your rate shopping journey!

Our Service: State-Specific Savings Rate Comparison

Our agents will help you identify the top interest rates available for various savings vehicles in your state. From competitive high-yield savings accounts to money market accounts and CDs, our team offers a comprehensive look at options to fit your unique financial goals.

Key Features of Our Service:

  • Tailored to Your State: Get localized rate insights to ensure you’re maximizing returns.
  • Comparison Across Accounts: See rates for high-yield savings, money market accounts, and CDs.
  • Simple & Free Quotes: No-obligation service to help you choose the best rate for your savings needs.

Why Local Interest Rates Matter

  • Insurance licensing: Some annuities are not available in every state.
  • Banking competition: Local banks may offer higher CDs in competitive states.
  • Tax rules: State taxation can affect net returns on both CDs and annuities.

Discover the Best Rates for:

CDs and Fixed Annuities

StateStateState
AlabamaAlaskaArizona
ArkansasCaliforniaColorado
ConnecticutDelawareFlorida
GeorgiaHawaiiIdaho
IllinoisIndianaIowa
KansasKentuckyLouisiana
MaineMarylandMassachusetts
MichiganMinnesotaMississippi
MissouriMontanaNebraska
NevadaNew HampshireNew Jersey
New MexicoNew YorkNorth Carolina
North DakotaOhioOklahoma
OregonPennsylvaniaRhode Island
South CarolinaSouth DakotaTennessee
TexasUtahVermont
VirginiaWashingtonWest Virginia
WisconsinWyomingD.C. 

Savings Accounts

StateStateState
AlabamaAlaskaArizona
ArkansasCaliforniaColorado
ConnecticutDelawareFlorida
GeorgiaHawaiiIdaho
IllinoisIndianaIowa
KansasKentuckyLouisiana
MaineMarylandMassachusetts
MichiganMinnesotaMississippi
MissouriMontanaNebraska
NevadaNew HampshireNew Jersey
New MexicoNew YorkNorth Carolina
North DakotaOhioOklahoma
OregonPennsylvaniaRhode Island
South CarolinaSouth DakotaTennessee
TexasUtahVermont
VirginiaWashingtonWest Virginia
WisconsinWyomingD.C. 

Final Thoughts

Before investing, compare rates available in your state. The best choice depends on your savings goals, investment horizon, and need for liquidity. Contact The Annuity Expert for free quotes and state-specific comparisons on MYGAs, FIAs, and other fixed-interest products. An agent can guide you through which products are licensed in your state and help you secure the highest rates available.

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Shawn Plummer, CRPC

Retirement Planner, Financial Advisor, Annuity Broker, and Insurance Agent

I am a licensed Retirement Planner (CRPC), insurance agent, financial advisor, annuity broker, and former financial trainer with more than 18 years of hands-on experience in annuities and insurance. My National Producer Number (NPN) is 15524738. I spent 12 years training financial advisors nationwide on annuity, insurance, and retirement planning strategies, in addition to 18 years of direct field experience selling annuities and insurance products, helping clients protect their savings and secure reliable retirement income.

I have been quoted in Time Magazine, Bloomberg, Entrepreneur, Yahoo! Finance, MSN, SmartAsset, LegalZoom, U.S. News & World Report, Women’s Health Magazine, Forbes, and many other leading publications.

I am also the founder of The Annuity Expert, an independent online insurance agency and annuity broker serving consumers across the United States. Through this platform, my team and I help Americans remove the guesswork from retirement planning and compare insurance solutions to find the strongest value at the most competitive rates. I want to see you get the best products at the lowest prices.

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