What does CD Annuity mean? Read on to discover the definition & meaning of the term CD Annuity - to help you better understand the language used in insurance policies.
A Certificate of Deposit Annuity (CD Annuity) is a financial instrument that has features of both a traditional CD and an annuity. Life insurance policyholders can use CD annuities as a way of making money or setting themselves up for retirement.
We hope the you have a better understanding of the meaning of CD Annuity.