015: Which is better...CDs or MYGAs?

31/01/2020 19 min Temporada 2 Episodio 15
015: Which is better...CDs or MYGAs?

Listen "015: Which is better...CDs or MYGAs?"

Episode Synopsis

In this episode, The Annuity Man discusses:  The differences and similarities between these two products Why buyers should consider both MYGAs & CDs The value of using a Laddering Strategy Where CDs & MYGAs fit in your portfolio    Key Takeaways:  MYGAs & CDs function exactly the same FDIC backed CDs are the safest guarantee available MYGAs are backed by the issuing carrier and a state guarantee fund CDs are for 2 years or shorter & MYGAs are for 3 years or longer   "Think about laddering and combining MYGAs and CDs to achieve your goal of principal protection while receiving annual interest on a contractual basis." —  The Annuity Man     Connect with The Annuity Man:  Website: TheAnnuityMan.com  Email: [email protected]  YouTube: Stan The Annuity Man

More episodes of the podcast "Fun With Annuities" The Annuity Man Podcast