In this episode, The Annuity Man discusses:  What is a MYGA and how does it work  The benefits and limitations of a MYGA  Differences and similarities between a MYGA and a CD  How to ladder MYGAs to take advantage of future interest rates     Key Takeaways:   MYGAs (Multi-Year Guarantee Annuities) are a fixed rate annuity and are the annuity industry's version of a CD  MYGAs usually offer a higher rate than CDs if the duration is 3+ years out  MYGAs & CDs can be combined for fixed rate laddering strategies  Some MYGAs allow you to peel off the interest every month for additional income needs     "Multi-Year Guarantee Annuities (MYGAs) are the annuity industry's version of a CD." —  The Annuity Man     Connect with The Annuity Man:  Website: TheAnnuityMan.com  Email: [email protected]  Book: MYGA Owner's Manual  YouTube: Stan The Annuity Man  Get a Quote Today! 

Ver todos los episodios