A fixed annuity offers guaranteed growth at a fixed rate. A variable annuity’s returns are based off the underlying sub-account investments which are linked to market performance, which means your balance can go up or down.

A fixed annuity guarantees your rate for the full term. A fixed indexed annuity links your returns to a market index (like the S&P 500). Your principal is protected with both, but indexed annuities have variable returns based on market performance.

Gainbridge Save is a fixed annuity that locks in a guaranteed interest rate for 3-10 years. Your principal is protected, which means your balance will never go down due to market conditions. You choose your account type: Traditional or Retirement.

A MYGA is a type of fixed annuity that offers a guaranteed interest rate for a specified period, usually ranging from 3 to 10 years. It provides stable, predictable returns and either tax-deferred or non-tax-deferred growth, depending on which option you choose. Gainbridge Save is a MYGA.

A fixed annuity is a contract between you and an insurance company. You make a deposit (called a premium), and in return, your money earns a guaranteed interest rate over a set period of time. At the end of your term, you can take your balance as a lump sum, convert it to regular payments, or roll it into a new annuity.

Guaranteed growth at a fixed rate, principal protection (your balance can't decrease due to market conditions), predictable returns you can plan around, and flexibility in how your earnings are taxed. Annuities can provide guaranteed income in retirement and death benefits for beneficiaries.

No. Gainbridge Save is a fixed annuity issued by Gainbridge Life Insurance Company, while CDs are issued by banks. However, the Traditional option works similarly to a CD with fixed rates and interest taxable as earned.

Both offer fixed interest rates and protect your principal. Fixed annuities often have higher rates and provide more flexibility in how earnings are taxed. CDs are FDIC-insured, while fixed annuities are backed by the issuing insurance company's financial strength.

Fixed annuities are backed by the financial strength of the issuing insurance company.

Most annuities are tax-deferred, meaning your interest grows without being taxed until you withdraw.

Gainbridge offers both:

Retirement Save (tax-deferred) - Interest grows tax-deferred. Withdrawals are taxed as ordinary income.

Traditional Save (non-tax-deferred) - Gainbridge created the first non-tax-deferred annuity on the market. Interest is taxed annually, just like a CD. This gives you the guaranteed growth of an annuity with the familiar tax treatment of a CD.