CD-Type Annuities

CD Type Annuities—MYGAs

Multi-Year Guaranty Annuities, or MYGAs

Annuities that work like CDs, but with higher returns that are tax-deferred.

MMulti-Year Guaranty Annuities (MYGAs) have both a fixed policy term, and a fixed rate or return—and neither can be changed by the carrier, or policy holder, during the life of the policy.  MYGAs typically range from one to ten years in duration, and the rates tend to be lower than the returns delivered by other types of annuities, but are guaranteed to deliver the expected return regardless of any external factors—such as the performance of an index.

For current MYGA rates, give us a call or log in to our Annuity Search Tool here.