MYGA vs. Fixed Annuity Explained: Multi-Year Guarantee vs. Declared-Rate
Автор: The Annuity Expert | Retirement And Insurance
Загружено: 2025-10-10
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MYGA vs. Fixed Annuity Explained: Multi-Year Guarantee vs. Declared-Rate
In this video, we explain the difference between a MYGA (Multi-Year Guarantee Annuity) and a traditional declared-rate fixed annuity. You’ll learn how a MYGA locks a guaranteed interest rate for the entire term (e.g., 3–7 years), while a fixed annuity credits a rate that can reset at each renewal, subject to the contract’s minimum guarantee.
This video is designed for savers comparing safe, tax-deferred growth options and deciding between “set-it-and-forget-it” certainty (MYGA) and a fixed annuity that may offer renewal flexibility but changing rates.
Contact The Annuity Expert for free quotes and side-by-side comparisons of current MYGA and fixed annuity rates.
Learn More: https://www.annuityexpertadvice.com/m...
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