THE MYGA WARS - The Saga Continues
Nov 14, 2018
These days, rates are stagnating around 3% for money market rates and bank CDs. That’s why we offer alternatives from annuity carriers, such as MYGAs. Carriers have been revamping their MYGA products all year and it’s only going to continue into 2019. MYGAs can not only offer higher rates, but also a plethora of additional benefits including:
- Tax-deferred earned interest
- Guaranteed principal
- MYGAs pass to beneficiaries at death and avoid probate
Right now, we currently have a carrier that has just increased it’s payout for their 5 year MYGA. With this MYGA, your clients can expect a 4.05% rate of return. That is a rate that will be tough for other MYGA options to beat. View the best rates and request a competitive illustration from one of our representatives here!
Want more information?Please give us a call at 480.296.0169 and ask to speak with an Agent Relationship Manager.