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 |
ATLANTIC COAST LIFE
Safe Haven 3
|
5.90% |
| 4 |
NASSAU LIFE AND ANNUITY COMPANY
Nassau Simple Annuity 4
|
5.50% |
| 5 |
FARMERS LIFE INSURANCE COMPANY
Farmers Safeguard Plus 5
|
5.80% |
| 6 |
NASSAU LIFE AND ANNUITY COMPANY
Nassau Simple Annuity 6
|
5.75% |
| 7 |
NASSAU LIFE AND ANNUITY COMPANY
Nassau MYAnnuity 7X 0% Free
|
5.80% |
| 8 |
EQUITRUST LIFE INSURANCE COMPANY
Certainty Select 8
|
5.50% |
| 9 |
ROYAL NEIGHBORS OF AMERICA
MYGA 9 Year CA
|
5.45% |
| 10 |
EQUITRUST LIFE INSURANCE COMPANY
Certainty Select 10
|
5.60% |
| *updated 3/01/2024 |