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  • Writer's pictureBob Brooks

Do You Have Savings That Is Earning No To Low Interest?

Make the most of what you have!

I have been waiting to send out information on interest rates until the rates were looking good enough to write about. They are close enough – if you want any information or if you want to see if these rates are suitable liquidity-wise, please reply at

The low interest rate environment has not been kind to people with savings. Today interest rates are starting to go higher. They are finally starting to affect savings vehicles. Although CD rates are still trying to catch up, they aren’t even the potentially best place to go for interest.

Consider these rates, which are the best in the country according to these fixed annuity rates from Annuity Rate Watch:

# of years rate is locked in Rate

2 year 3.5% guaranteed

3 year 4.1% guaranteed

4 year 4.15% guaranteed

5 year 4.4% guaranteed

7 year 4.6% guaranteed

What is a fixed annuity?

It is a contract that allows you to build growth for a specific time period at a guaranteed rate of return. It acts a lot like a CD. There are minor differences. For instance, one has better tax advantages than the other while one has better liquidity features. These savings products are the most plain vanilla annuities you can use.

Whether you are considering a CD or a fixed annuity, it is important to make sure it is suitable based primarily on when you might need the money and other liquidity factors.

The above rates are representing the best and highest rates based according to Annuity Rate Watch from companies that are rated A- and above in the State of Texas. These rates were run on 7/14/22. Rates can change at any moment.

If you would like to know if these rates are suitable for your situation, email us at


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