Explore opportunities to grow your savings
New issue brokered certificates of deposit (CDs)
Deferred fixed annuities1
Professionally managed solutions4
|May be appropriate for||Investors who are looking for a near-term investment solution with FDIC-insured2 fixed rates of return that may earn higher rates than cash.||Investors who are looking for a medium-term investment solution with a guaranteed3 rate of return and tax deferral.||Investors who are looking for a professionally managed portfolio tailored to their unique goals and investment preferences, ranging from conservative strategies that can help temper equity market swings to more aggressive growth-oriented portfolios.|
|Growth potential||Yields as of April 13, 2021, range from 0.05% to 1.80% for CDs maturing 3 months to 10 years.||Rates as of April 13, 2021, range from 1.00% to 2.15% depending on durations between 3 to 10 years.||Depends on investment approach, with some approaches seeking to maximize returns for a given level of risk and others that emphasize defensive investments.
|Investment time horizon||3 months–10 years||3–10 years
||Recommended for 5+ year time horizon
|Access||If you need to sell your CDs prior to maturity, you will incur a trading fee5 and may be subject to a gain or loss depending on their current market value.||Opportunity to take annual withdrawals of up to 10% of your contract value without a surrender charge. Surrender and other charges may otherwise apply. Withdrawals of taxable amounts are subject to ordinary income tax, and, if withdrawn prior to age 59½, may be subject to a 10% IRS penalty.||You can close and redeem a managed account at any time. You may be subject to a gain or loss depending on market factors.|
|Minimum investment||$1,000||Starting at $5,000
Varies by product
|Starting at $06
To talk with an annuity consultant, call 866-451-8299.
To talk with a financial advisor, call 800-544-1766.
We can connect you with a financial professional who can help you build a plan around your full financial picture. Start a conversation.
For the purposes of FDIC insurance coverage limits, all depository assets of the account holder at the institution issuing the CD will generally be counted toward the aggregate limit (usually $250,000) for each applicable category of account. FDIC insurance does not cover market losses. All the new-issue brokered CDs Fidelity offers are FDIC insured. In some cases, CDs may be purchased on the secondary market at a price that reflects a premium to their principal value. This premium is ineligible for FDIC insurance. For details on FDIC insurance limits, visit FDIC.gov.
Minimum markup or markdown of $19.95 applies if traded with a Fidelity representative. For U.S. Treasury purchases traded with a Fidelity representative, a flat charge of $19.95 per trade applies. A $250 maximum applies to all trades, reduced to a $50 maximum for bonds maturing in one year or less. Rates are for U.S. dollar-denominated bonds; additional fees and minimums apply for non-dollar bond trades. Other conditions may apply; see Fidelity.com/commissions for details. Please note that markups and markdowns may affect the total cost of the transaction and the total, or "effective," yield of your investment. The offering broker, which may be our affiliate, National Financial Services LLC, may separately mark up or mark down the price of the security and may realize a trading profit or loss on the transaction.
Keep in mind that investing involves risk. The value of your investment will fluctuate over time, and you may gain or lose money.
In general, the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities). Fixed income securities also carry inflation risk, liquidity risk, call risk and credit and default risks for both issuers and counterparties. Lower-quality fixed income securities involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Foreign investments involve greater risks than U.S. investments, and can decline significantly in response to adverse issuer, political, regulatory, market, and economic risks. Any fixed-income security sold or redeemed prior to maturity may be subject to loss.
Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917