Tag: CDs
February 24, 2014 by Troy Baccus
Is an Annuity Similar to a Bank CD?
Our clients often ask us to explain the difference between an annuity and a Certificate of Deposit (CD). First, let’s define both CDs and annuities. Definition of CD: “A Certificate of Deposit is a written acknowledgment from a bank that it has received from the person named a specified
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Posted in Annuities, Uncategorized
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Also tagged annuity, buying an annuity, fixed annuities, myga, tax deferral
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