On 4/16/21 10:11 AM, AK wrote:
Is there any relatively safe investment that makes a better rate than a CD?

I am getting .4 %.

I don't think that is even better than the inflation rate.

Thanks.


One thing I've found is an annuity called an SPDA (Single Premium
Deferred Annuity). It acts much like a CD except interest is deferred.

I got it thru my bank's brokerage dept. 5 years ago at 1.85%. It's
coming due soon, and I'm told I may be able to get 2.1% on a renewal
called a "Sec 1035 exchange". That way the interest stays deferred.
It's not FDIC insured as it's not held by the bank, but a highly rated
insurance co.

As always, YMMV