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
GUARANTY INCOME LIFE INSURANCE COMPANY
Guaranty Rate Lock 3
2.15%
4
OXFORD LIFE INSURANCE COMPANY
Multi-Select MYGA 4
2.25%
5
SILAC INSURANCE COMPANY
Secure Savings Elite 5
2.95%
6
ATLANTIC COAST LIFE
Safe Haven 6
2.87%
7
ATLANTIC COAST LIFE
Safe Harbor 7
2.92%
8
OXFORD LIFE INSURANCE COMPANY
Multi-Select MYGA 8
2.80%
9
GUARANTY INCOME LIFE INSURANCE COMPANY
Guaranty Rate Lock 9
3.00%
10
GUGGENHEIM LIFE AND ANNUITY COMPANY
Preserve MYGA 10
3.10%
    *updated 04/29/2021

Click HERE for more tools on our myAdvisor Cloud (MAC).