I have a CD coming due this week right at $250k. I have someone offering a Pacific Life Annuity paying 3% for 10 years. Basically you get your money back and the interest after ten years and are taxed on the money the year the product matures. Also looking at 5 -10 year cd's which I could find (brokered) at 3% last week but have been dropping to about 2.85% since.
Have a 10 year CD ladder right now. Anyone have any other suggestions?
Will not have to touch this chunk of money for a least the next ten years.
Have a 10 year CD ladder right now. Anyone have any other suggestions?
Will not have to touch this chunk of money for a least the next ten years.