What is GEBA’s GIC?
A contract with an insurance company that provides principal preservation and pays a fixed rate for 5 years. 


How is this new account like the old GIC?
Stable Value Accounts are tax-deferred investments suitable for IRAs and annuities.  Like the GIC, they provide quarterly statements and apply contributions and withdrawals every two weeks. 


How is this different from the old GIC?

• Increased diversification and lower risk
• No fixed contract period or rate
• Returns adjust gradually to reflect market rates

Click here to return to the Stable Value Account webpage.