Multi-Year Guaranteed Annuity(MYGA)
MYGAs offer safety and attractive accumulation options.
A MYGA is a retirement savings vehicle that offers low-risk accumulation and tax benefits for those seeking higher returns than typically available on CDs or traditional savings accounts.
- MYGAs offer rates that are typically higher than bank CDs for similar term lengths
- Interest earned is tax-deferred
- Principal is guaranteed
- MYGAs pass to beneficiaries at death and avoid probate
The MYGA Wars are on!
While the typical bank CD or money market rate is hovering right around 3%, annuity carriers are topping those rates with their MYGA products. Rates are changing frequently so check back often and call us today for a competitive illustration!
These PDFs will change weekly, for your easy convenience