Why Annuities are Better than CDs:  Liquidity 

• Annuities have a penalty for early surrender--like CDs.  But unlike CDs, you can make 10 percent withdrawals every year.  
• Many insurance companies allow withdrawals on a monthly, quarterly, semi-annual or annual basis--as long as the total is 10% of the accumulated value or less.  (Amount and frequency vary based on carrier).
• Unlike a CD--when the annuity penalty period is over, it is never re-established--even when you leave your money in or when it rolls over. 

Liquidity
Tax Advantages
Returns
Safety
Probate
Create Income Stream
Creditor Protection