September 30, 2025
If you have a CD coming due this fall, you’ve got a decision to make. Do you let it roll over – likely at a lower rate after the Fed’s recent cuts – or do you look for a smarter way forward?
Many people don’t realize that a fixed annuity can be a safe, tax-advantaged alternative. It works much like a CD: you commit money for a set number of time and earn a guaranteed interest rate. The difference? With a fixed annuity, your growth is tax-deferred and your rate is locked in for the full term – so you don’t fall back when CD rates drop.
CD vs. Annuity in 3 Quick Points
CD (Certificate of Deposit):
What it is: A bank account where you earn a fixed rate for a set time.
How it grows: Interest is taxed every year, even if you don’t touch it.
The catch: Renewal rates may be lower, especially after Fed cuts.
Fixed Annuity (like a KSKJ Life Multi-Year Guaranteed Annuity (MYGA)):
What it is: A safe contract with an insurance company that guarantees a fixed rate for a set time.
How it grows: Earnings grow tax-deferred — you don’t pay taxes until you withdraw.
The advantage: Your rate is locked in for the term, not subject to market swings or bank renewals.
Bottom Line: CDs are familiar, but a fixed annuity could give you more control, more growth, and fewer surprises.
Why Consider a Fixed Annuity Now?
Guaranteed Rate – Lock in growth that won’t change with the market.
Tax-Deferred Growth – Your interest isn’t taxed annually, so more stays working for you.
Flexible Terms – Choose the time frame that fits your goals (short or long).
Same Safety You Expect – Backed by KSKJ Life, your not-for-profit community insurer.
This fall, don’t settle for a fallback rate. A KSKJ Life Multi-Year Guaranteed Annuity (MYGA) can help you keep moving forward with steady, predictable growth.
