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U.S. set to impose 50% tariffs on Canada after failed talks; Canada to match them "dollar for dollar" CBS NewsU.S.-Canada breakdown shows limits of Trump's aggressive trade strategy The Washington PostWhat Canadian Goods Will Take Trump's 50% Tariffs? Some Pretty Strange Items. The New York TimesTrump fires back at Canada after Carney suspends trade talks, accu
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"It's a big setback," one analyst said, noting that other countries unhappy with the president's trade deals are probably watching closely.
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Democrats incredulous over Hakeem Jeffries and Jared Kushner meeting The GuardianJeffries and Kushner Meet Privately as Midterm Attacks Fly The New York TimesDemocratic House leader Jeffries meets with Jared Kushner as midterms loom CNBCKushner, Jeffries discuss ways White House and Democrats can collaborate CNN
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Trump says Canada wants 'benefits' of being US state as Carney says countries in trade war BBCTrump's Top Trade Representative Details Offer That Canada Rejected The New York TimesTrump hits out at Canada over retaliatory tariffs DWInside the 72 hours that cratered the US-Canada trade deal PoliticoTrump says Canada wants 'benefits of being a state' as trad
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If you're looking for a haven for your money, with a three-year fixed-rate annuity, you can choose one paying 2.00% annually or one paying 4.25%! Other than the rate, the two products are quite similar.
If you're shopping for a five-year guarantee, available rates range from 2.60% to 4.65%, according to AnnuityAdvantage's database of annuity rates.
SEE MORE Annuities Rising in Popularity
Rates on annuities with the same term vary hugely. If you don't shop around, you'll almost certainly earn far less interest than you could. Unfortunately, many local annuity agents represent only a few annuity companies, sometimes just one.
Before I offer tips on how to shop around, here's some background:
A fixed-rate deferred annuity (also called a multiyear guarantee annuity, or MYGA) resembles a bank certificate of deposit. It also pays a guaranteed rate of interest for a set term. Unlike CDs, annuities are tax-deferred. Issued by insurance companies, annuities aren't federally insured like CDs, but state-mandated guaranty associations offer a level of protection.
While the rate isn't the only factor in choosing an annuity, it is the single most important thing when other factors are equal. Here are the key considerations.
How long will your money be committed?
The term is the length of the annuity guarantee period. Most multiyear annuities go from two to 10 years.
Longer-term annuities usually pay more than shorter-term ones. But today, rate differences are not large. For instance, the top three-year an
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