I'm looking for a CD for my mom. She needs low-risk since she is older. There are your standard CDs with the rates at about 4.5. But then there is Gainbridge Fast Break Annuity 5.75%-5.8% for over 100k. She's over 60, so there would be no penalty for withdrawing it once it "matures". The company is rated A- in financial strength. No fees or commissions, and she's good with leaving it in for 3-5 years. I mean, once the 3-5 years is up, it seems like you can just close it and move on. Am I missing something other than it is not FDIC-insured?