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 EQUITY INVESTMENT LIFE INSURANCE COMPANY
GuaranteeShield 3
|
2.40% |
| 4 |
OXFORD LIFE INSURANCE COMPANY
Multi-Select 4
|
2.25% |
| 5 |
ATLANTIC COAST LIFE
Safe Harbor 5
|
3.01% |
| 6 |
ATLANTIC COAST LIFE
Safe Haven 6
|
3.07% |
| 7 |
SENTINEL SECURITY LIFE INSURANCE COMPANY
Personal Choice Annuity 7
|
3.10% |
| 8 |
GUGGENHEIM LIFE AND ANNUITY COMPANY
Preserve MYGA 8
|
2.60% |
| 9 |
LIBERTY BANKERS LIFE
Bankers Elite 9
|
3.05% |
| 10 |
ATLANTIC COAST LIFE
Safe Harbor 10
|
3.20% |
| *updated 12/22/2020 |