Have lazy money or cd's coming due?
The Park 2 Annuity* is the perfect place to “park” your lazy money for two years and earn 2.35% guaranteed!!
- The Park 2 Annuity earns a fixed rate for two years
- Minimum deposits of $20,000
- Additional deposits to an existing account are not permitted
- Your interest will be added to your account balance
- Interest earned is tax-deferred until the Annuity Funds are withdrawn
Withdrawal Privileges – Funds withdrawn before the two-year term are subject to an early withdrawal charge. The surrender schedule is as follows: 6% first year, 5% before the end of the second year. At the end of the two-year term you may withdrawal the principal and interest earned.
If you have accounts currently making less than 2.35%; call Cherry Wealth Advisors today to learn more!