Description

In this episode: Annuities vs. CDs - Which is the Right Investment for You?

Welcome to our latest financial insights video! Today, we're tackling a topic that's crucial for savvy investors and retirees alike: the differences between annuities and CDs (Certificates of Deposit). Whether you're planning for retirement or looking to diversify your investment portfolio, understanding these options is key.

What We Cover:

• Annuities Explained: We dive into the world of annuities, focusing on Multi-Year Guaranteed Annuities (MYGAs) and how they compare to traditional bank CDs.
• CDs Uncovered: Get a clear understanding of what CDs are and why they're a 'boring but safe'  investment option.
• Term Lengths Comparison: How do annuities and CDs differ in their term lengths? We break it down for you.
• Liquidity Showdown: Assessing the liquidity of annuities versus CDs - what you need to know.
• Tax Implications: An in-depth look at how taxes apply to both annuities and CDs, including the advantages of tax deferral with annuities.
• Making the Right Choice: We provide insights to help you decide which investment might be better suited for your financial goals.

• Resources and Further Reading:

  • Newsletter: For those who love to read along with videos, check out the accompanying newsletter: https://atlasfinancialinc.com/annuities-vs-cds/
  • Previous Episodes: If you're new here, don't forget to check out our previous episodes for more background on different types of annuities.