Annuity FYI Endorses FDIC Insured Equity Linked CDs as Preferable to Fixed-Indexed Annuities

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Annuity FYI announced its endorsement of equity linked certificates of deposit -- FDIC-insured investment vehicles that allow investors to participate in stock market gains while offering principal protection.

Even though equity linked CDs are not annuities, we think that they can be an exceptional component to one's retirement portfolio. Plus, they have the added benefit of being FDIC insured.

Annuity FYI asserts that, for most investors, equity linked CDs are a better investment than fixed-indexed annuities. Of the equity linked CDs currently on the market, Annuity FYI experts have recommended one product in particular -- the Wells Fargo WISE US Index Equity Linked CD. For specific information on Wells Fargo's equity linked CD, see Annuity FYI's "Why We Like Wells Fargo's SGI WISE US Index Equity Linked CD."

An equity linked CD is a certificate of deposit issued by a bank where the rate of return is tied to a particular stock index, like the S&P 500® or DJIA®. Equity linked CDs are insured by the FDIC to the maximum amount permitted by law, so the principal is secure. Annuity FYI has updated the "Compare Annuities" section of its web site with information regarding specific products, rates and criteria for evaluating equity linked CDs. For a complete explanation of equity linked CDs, see Annuity FYI's article "What is an Equity Linked CD?" on its website, http://www.AnnuityFYI.com.

"Equity linked CDs offer many of the same benefits as other Annuity FYI-featured investment products, including protection of principal, ability to participate in market upside, and low cost," commented Greg Shaughnessy, Director of Marketing for Annuity FYI. "Even though equity linked CDs are not annuities, we think that they can be an exceptional component to one's retirement portfolio. Plus, they have the added benefit of being FDIC insured."

Annuity FYI stressed that in most cases, equity linked CDs are a better investment than fixed-indexed annuities. Annuity FYI has written extensively about, and been a frequent critic of, fixed-indexed annuities. According to Annuity FYI, these products are difficult to understand and have high fees that are disproportionate to their benefits.

Annuity FYI recommended a specific equity linked CD, the Wells Fargo WISE US Index Equity Linked CD. They tout it as an excellent investment opportunity for investors with a 6-year time horizon who want the security of FDIC insurance with the promise of market upside.

ABOUT ANNUITY FYI
Annuity FYI is a free resource for learning about, comparing, and selecting the most competitive annuities. Since its founding in 1999, Annuity FYI has become the nation's most respected resource for educating investors on annuities. Its mission is to seek out the very best annuities and annuity riders among the thousands of products in the marketplace, and give investors the expert resources necessary to make an informed annuity purchase. Annuity FYI has been featured in leading financial publications including Wall Street Journal, Barron's, and Annuities for Dummies. Annuity FYI makes Annuity Experts available to individual investors toll-free to answer questions about annuities at 866 223-2121.

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Trish Lewin
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