Low-risk Multi-Year Guaranteed Annuities provide fixed returns with tax-deferred benefits.

Multi-Year Guaranteed Annuity

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. Brokers Alliance®’s retirement investment tools and strategy tips help make selling annuities easier.

  • 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!

Years
Product
Yield to Surrender
3
SENTINEL SECURITY LIFE INSURANCE COMPANY
Personal Choice Annuity 3
5.40%
4
OXFORD LIFE INSURANCE COMPANY
Multi-Select 4
5.05%
5
FARMERS LIFE INSURANCE COMPANY
Farmers Safeguard Plus 5
5.50%
6
ATLANTIC COAST LIFE
Safe Haven 6
5.42%
7
SENTINEL SECURITY LIFE INSURANCE COMPANY
Personal Choice Annuity 7
5.45%
8
AMERICAN NATIONAL INSURANCE COMPANY
Palladium MYG Annuity 8
5.45%
9
AMERICAN NATIONAL INSURANCE COMPANY
Palladium MYG Annuity 9
5.45%
10
EQUITRUST LIFE INSURANCE COMPANY
Certainty Select 10
5.40%
    *updated 07/03//2023

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