Fixed Interest Products Information
CD vs Fixed Annuity
These fixed interest products are most commonly utilized in offering a fixed rate for a set term. While a fixed annuity often can provide a higher return than a CD, both allow you to get the interest rate stated for the term and provide you with the luxury to do what you want with the money after the term’s expiration date. It is important to note that you may be earning 1 percent a year for a 5 year term with a CD, while you may be earning 3 percent for a five year term with a fixed annuity.
Market Linked CDs
When you opt for a market linked certificate of deposit or indexed annuity, you can never lose your principal investment, regardless of market performance. However, the interest you receive on an annual basis fluctuates with these products, so although it is classified as “fixed,” since you cannot lose your money, it does have a variable return.
Fixed CDs
Fixed CDs provide you with peace of mind in your investment strategies, as these tools provide you with a set interest rate throughout the period of your investment. You can take advantage of a steady strategy in growing your savings as you will be receiving predictable and measurable income as a result. There are a few different types of Fixed CDs, including liquid CDs, callable CDs, traditional CDs, and brokered CDs.
Understanding Fixed Interest Products
We offer a wide range of fixed interest products to help clients achieve a higher yield than that offered by a traditional bank Certificate of Deposit (CD). Fixed annuities, Commercial Mortgage Notes, and market linked CDs can be a higher yielding alternative to a traditional CD. There is also a common misconception amongst many who assume that you cannot have your lump sum deposit back once you put money in an annuity, which is simply not the case. The experienced professionals at Crowe & Associates will help you understand fixed interest products and will help you determine which would best protect your assets.
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