What Are Fixed
Annuities and MYGAs?
A Fixed Annuity or MYGA (Multi-Year Guaranteed Annuity) is similar to a high-yield CD — but often with:
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Higher guaranteed interest
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Tax-deferred growth
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Better withdrawal flexibility
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Income options in retirement
You earn a fixed, guaranteed rate for a set number of years (2, 3, 5, 7, or 10 years). Your rate is locked in and cannot change, regardless of market conditions.
Key Benefits of of Fixed Annuities / MYGAs
1. Guaranteed Interest
Your money grows at a fixed rate — no guessing, no market risk.
2. Tax-Deferred Growth
You don’t pay taxes until you withdraw your earnings.
3. Higher Rates Than CDs
Many MYGAs offer significantly higher yields compared to traditional bank CDs.
4. Zero Market Risk
Your balance cannot drop due to market events.
5. Simple, Transparent, Easy
No moving parts. No surprises. Just guaranteed growth.
6. Short-Term or Long-Term Options
Choose a term that matches your goals (2–10 years).
Who Should Consider a Fixed Annuity or MYGA?
This product is ideal for:
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Conservative investors
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People sitting in cash, CDs, or low-interest savings
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Retirees seeking safe growth
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Individuals rolling over a 401(k) or IRA looking to reduce risk
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Anyone who wants consistent, predictable returns
How MYGAs Work
1. Choose a term (ex: 3, 5, 7, 10 years)
2. Lock in a guaranteed fixed interest rate
3. Earn interest every year with zero risk
4. At the end, renew or withdraw
5. Optionally convert into lifetime income
See Today’s Best Fixed Annuity & MYGA Rates
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