Multi-Year Guaranteed Annuity (MYGA)
Predictable Growth. Guaranteed Returns. Safe Retirement Planning.
What is a MYGA?
A Multi-Year Guarantee Annuity (MYGA) is a type of fixed annuity that offers a guaranteed interest rate for a set number of years. It's ideal for safe, steady growth without market risk.
Key Benefits:
Guaranteed Interest Rate for 3 to 10 Years
Tax-deferred Growth
Principal Protection
Simple and Transparent Terms
Flexible Timeframes for Retirement Goals
How It Works
Contribute a lump sum premium. Lock in a guaranteed rate for a specific term. Your contract value grows tax-deferred. At the end of the term, you may have options such as renewing the contract, transferring to another annuity, or taking a withdrawal - depending on your goals.
Who Should Consider a MYGA?
Nearing or In Retirement
Seeking Low-risk, Steady Growth
Replacing Maturing CDs or Savings
Wanting Guaranteed, Predictable Returns