AnnuityAdvantage: Savers Can Earn More, Safely Alternatives to low-rate CDs, Treasuries and Money Market Accounts MEDFORD, OR / ACCESSWIRE / March 16, 2021 / Alternatives to low-rate investments can pay a higher guaranteed rate of interest. CD-like fixed-rate annuities, fixed indexed annuities, and income annuities can all safely offer a higher rate and/or more income. Ken Nuss, CEO of AnnuityAdvantage, an online annuity marketplace, covers their advantages in Kiplinger.com. Fixed-rate annuities pay more Also called a multi-year guaranteed annuity, a fixed-rate annuity acts a lot like a bank CD. Both guarantee a rate of interest for a set period. But fixed-rate annuities pay much higher rates than comparable CDs today. As of mid-March 2021, you can earn up to 2.95% a year on a five-year fixed-rate annuity and up to 2.25% on a three-year contract, according to AnnuityAdvantage's online rate database. The top rate for a five-year CD is 1.25% and 1.05% for a three-year CD, according to Bankrate.