Multi Year Guarantee Annuities
Rick Stolz CLU, ChFC, RHU, CLTC, LUTCF,
Since 1980 President at Diversified Insurance Brokers, Inc.
Multi Year Guarantee Annuity ( MYGA ) is the asset for the more conservative person to look at for placing some off their money with high rated insurance companies of A or A - or better. Interest rates are significantly higher than a CD and tax deferred unlike the bank CD.
Looking at the MYRA annuity the more popular are 1 yr. , 2 yr. , 3 yr. , 5 yr. , and 7 yr. rate guarantees. Enrollees will typically keep rolling to another at the end of each renewal period keeping it tax deferred. We have seen and recommend laddering for significantly larger deposits for using the state guarantee fund for a added level of safety.
TOP MYGA RATES TODAY - Rates are subject to change.
2-yr 3.60%
3-yr 4.30%
5-yr 4.65%
7-yr 4.80%
Contact since 1980 Diversified Insurance Brokers, Inc. 770-662 -8510 or 800- 533-5969
Email [email protected] or [email protected]
www.diversifiedins.com