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
AMERICAN LIFE
American Classic 3
5.36%
4
GUARANTY INCOME LIFE
Guaranty Rate Lock 4
5.40%
5
THE OHIO STATE LIFE INSURANCE COMPANY
Nex5
5.65%
6
AMERICO
Platinum Assure 6
5.45%
7
THE OHIO STATE LIFE INSURANCE COMPANY
Nex7
5.65%
8
GUARANTY INCOME LIFE
Guaranty Rate Lock 8
5.00%
9
GUARANTY INCOME LIFE
Guaranty Rate Lock 9
5.00%
10
THE OHIO STATE LIFE INSURANCE COMPANY
Nex10
5.50%
    *updated 12/01/2022

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