Try this site where you can compare quotes from different companies: WWW.ANNUITY-HELP.US Traditional IRA CD vs. annuity? My traditional IRA CD matured this week, and the bank is pushing me to invest in a fixed annuity account via a large insurance corporation. This account is not guaranteed by FDIC but is secured 100% by Transamerica Financial Life Insurance Co. The difference is the interest rate. The traditional IRA interest is currently 3.3% for 3 years, and the insurance-based IRA CD is 3.55% for 5 years. If I want to be sure these funds are absolutely safe, which route should I take? How safe would the annuity be? Thanks!

1. Traditional IRA CD vs. annuity?
My traditional IRA CD matured this week, and the bank is pushing me to invest in
n a fixed annuity account via a large insurance corporation. This account is not
guaranteed by FDIC but is secured 100% by Transamerica Financial Life Insurance
Co. The difference is the interest rate. The traditional IRA interest is curren
tly 3.3% for 3 years, and the insurance-based IRA CD is 3.55% for 5 years. If I
BEST ANSWER
Try this site where you can compare quotes from different companies:
WWW.ANNUITY-HELP.US