Mahn Family Funeral Homes, - Certificates of Deposit &

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		CERTIFICATE OF DEPOSIT & ANNUITIES ANNUITIES Annuities are vehicles we use to invest monies for our clients who request to set aside funds periodically. There are no guarantees on funeral services and merchandise with an annuity. BANK FUNDING Working with a local bank is also another option to set aside money for a funeral. By using a Certificate of Deposite (CD) money can be set aside in an irrevocable trust. Bank CD''s do gain interest and that is taxable and must be reported to the IRS as income.