![Stan The Annuity Man]()
Stan The Annuity Man |
October 24, 2013 |
Annuity Basics, Annuity Definition, Ask Stan The Annuity Man, Fixed Annuities, Member Posts, MYGA
Question: I’ve been trying to do some research on fixed rate products, and want to know the difference between a Traditional Fixed Annuity and a MYGA annuity. What is the difference, if any? from Robert in Chicago, Illinois Answer: Good question Robert, and yes there are distinct differences between Traditional Fixed Annuities and MYGA (Multi Year Guarantee Annuities) annuities or sometimes called fixed rate annuities. Let take a closer look at both from an excerpt from my book, The Annuity Stanifesto. Traditional Fixed Annuity Traditional...
View Article
![Stan The Annuity Man]()
Stan The Annuity Man |
October 17, 2013 |
Annuity Basics, Ask Stan The Annuity Man, Fixed Annuities, Member Posts, MYGA
Question: Every agent I meet with tries to sell me a variable annuity or indexed annuity. All I really want is a fixed rate guarantee. Is there an annuity that actually works like a CD? from Bill in Matthews, North Carolina Answer: Yes Bill, there is an annuity structure that functions like a CD. That type of annuity in the industry is referred to as a MYGA. MYGA stands for Multi Year Guarantee Annuity, but it is also appropriately referred to as a Fixed Rate Annuity. ...
View Article
