Speak with a Registered Agent: 1-866-223-2121

Speak with a Registered Agent: 1-866-223-2121

Fixed Annuities are a Safe Way to Protect Your Money


In “Advice: Protecting your money” from the Cape Fear Business News, James D. Gidley gives wary investors an alternative to using their mattress as a bank.  It is obvious why people are scared of the stock market right now.  If you are looking for extra security for your savings, Gidley suggests fixed annuities, money market accounts, and certificates of deposit.  Each alternative has its own benefits and pitfalls so speaking to an expert is the best way to find the one that works for you.

Fixed annuities protect your principal from losses and pay you a set amount in interest income over either your lifetime or a predetermined time frame.  By searching for the best fixed annuity rates, you have the ability to grow your initial investment.  Annuities are not meant to be cashed in so they are long term investments.  The taxes are deferred until you receive your monthly payouts, usually in retirement.  Unlike money market accounts and certificates of deposit, fixed annuities are not guaranteed by the FDIC so it is wise to use financial strength ratings reports to find a strong insurance company.

For more information about the product mentioned in this article contact us here:

Newest Blog Posts

Information Request Form

If you have questions or would like more information, please complete this form and a licensed professional will be happy to help. For the fastest response, please select 'Phone' as your Contact Preference.

By providing your information and clicking 'Submit' above, you acknowledge that you have read and agree to this site's privacy policy. You also provide your consent to be contacted at the email address or phone number provided above (including any wireless number) by licensed agents or representatives from or on behalf of AFYI Holdings Group, LLC and other companies to provide the information requested and/or offer annuities or financial products. You understand that these calls or SMS messages may be generated using an automated telephone dialing system, a pre-recorded message, or artificial voice. Consent to receive such messages is not a condition to purchase any goods or services. You may opt out at any time by following the instructions in the messages you receive.  Receiving quotes and information through our website is free, and you are under no obligation to purchase any goods or services as a result of this request. You affirm that you are the subscriber of the provided telephone number or that the subscriber authorized you to provide the number. Message and data rates may apply. AFYI Holdings Group, LLC is committed to respecting your privacy and adhering to all applicable laws and regulations, including the Telephone Consumer Protection Act (TCPA).