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A Better CD ??????????????
*These are hypothetical comparisons, solely intended to illustrate the advantage of tax deferral. It does not represent any particular investment or savings account; nor is it intended to recommend any specific course of action. **Tax deferred annuities frequently carry a surrender charge of a specified duration. This surrender charge generally declines over a number of years. When selecting a tax deferred annuity, please consider the effect of this surrender charge on your planning. Withdrawals from a tax deferred annuity impose a tax penalty of 10% on distributions prior to age 59 1/2, unless those distributions meet certain extended payout requirements. |
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