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As history has proven, Fixed Annuity interest rates have been higher than CD rates. However, just to illustrate, if a CD and a Fixed Annuity were the same rate, the fixed annuity still has a better financial result.
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Annuity |
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CD |
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3.00% |
$100,000.00 |
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3.00% |
$100,000.00 |
| Year |
Interest |
Taxes |
Balance |
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Interest |
Taxes |
Balance |
| 1 |
$3,000.00 |
$0.00 |
$103,000.00 |
|
$3,000.00 |
$1,170.00 |
$101,830.00 |
| 2 |
$3,090.00 |
$0.00 |
$106,090.00 |
|
$3,054.90 |
$1,191.41 |
$103,693.49 |
| 3 |
$3,182.70 |
$0.00 |
$109,272.70 |
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$3,110.80 |
$1,213.21 |
$105,591.08 |
| 4 |
$3,278.18 |
$0.00 |
$112,550.88 |
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$3,167.73 |
$1,235.42 |
$107,523.40 |
| 5 |
$3,376.53 |
$0.00 |
$115,927.41 |
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$3,225.70 |
$1,258.02 |
$109,491.07 |
| 6 |
$3,477.82 |
$0.00 |
$119,405.23 |
|
$3,284.73 |
$1,281.05 |
$111,494.76 |
| 7 |
$3,582.16 |
$0.00 |
$122,987.39 |
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$3,344.84 |
$1,304.49 |
$113,535.12 |
| 8 |
$3,689.62 |
$0.00 |
$126,677.01 |
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$3,406.05 |
$1,328.36 |
$115,612.81 |
| 9 |
$3,800.31 |
$0.00 |
$130,477.32 |
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$3,468.38 |
$1,352.67 |
$117,728.52 |
| 10 |
$3,914.32 |
$0.00 |
$134,391.64 |
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$3,531.86 |
$1,377.42 |
$119,882.95 |
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Total Interest |
$34,391.64 |
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Total Interest |
$32,595.01 |
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Taxes Paid |
$13,412.74 |
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Taxes Paid |
$12,712.05 |
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(when withdrawn) |
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(during accumulation) |
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Annuity Return |
$20,978.90 |
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CD Return |
$19,882.95 |
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Just by placing your money in a Fixed Annuity, you would earn an extra |
$1,095.94 |
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Receive a quote for what your CD money could be doing with today’s competitive rates.
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Current Illustration
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Annuity |
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CD |
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4.50% |
$100,000.00 |
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2.00% |
$100,000.00 |
| Year |
Interest |
Taxes |
Balance |
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Interest |
Taxes |
Balance |
| 1 |
$4,500.00 |
$0.00 |
$104,500.00 |
|
$2,000.00 |
$780.00 |
$101,220.00 |
| 2 |
$4,702.50 |
$0.00 |
$109,202.50 |
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$2,024.40 |
$789.52 |
$102,454.88 |
| 3 |
$4,914.11 |
$0.00 |
$114,116.61 |
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$2,049.10 |
$799.15 |
$103,704.83 |
| 4 |
$5,135.25 |
$0.00 |
$119,251.86 |
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$2,074.10 |
$808.90 |
$104,970.03 |
| 5 |
$5,366.33 |
$0.00 |
$124,618.19 |
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$2,099.40 |
$818.77 |
$106,250.67 |
| 6 |
$5,607.82 |
$0.00 |
$130,226.01 |
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$2,125.01 |
$828.76 |
$107,546.93 |
| 7 |
$5,860.17 |
$0.00 |
$136,086.18 |
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$2,150.94 |
$838.87 |
$108,859.00 |
| 8 |
$6,123.88 |
$0.00 |
$142,210.06 |
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$2,177.18 |
$849.10 |
$110,187.08 |
| 9 |
$6,399.45 |
$0.00 |
$148,609.51 |
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$2,203.74 |
$859.46 |
$111,531.36 |
| 10 |
$6,687.43 |
$0.00 |
$155,296.94 |
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$2,230.63 |
$869.94 |
$112,892.04 |
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Total Interest |
$55,296.94 |
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Total Interest |
$21,134.50 |
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Taxes Paid |
$21,565.81 |
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Taxes Paid |
$8,242.45 |
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(when withdrawn) |
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(during accumulation) |
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Annuity Return |
$33,731.13 |
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CD Return |
$12,892.04 |
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Just by placing your money in a Fixed Annuity, you would earn an extra |
$20,839.09 |
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Receive a quote for what your CD money could be doing with today’s competitive rates.
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