MYGA vs. Fixed Annuity

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You're thinking of getting an annuity and hear of Multi-Year Guaranteed Annuity (MYGA). But then, you have all these questions pop into your head: how is it different from fixed annuities? Or is there any difference at all? What are its benefits? Is it the perfect fit for my situation. In this video, I'll address all these questions and more! I even have a free gift for you at the end of the video so make sure to stay tuned until the end!

Watch and Enjoy!
Stan The Annuity Man

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Key Moments in this Episode
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00:31 What to expect in today's video
01:19 What is MYGA?
02:04 What MYGA solves for
02:45 What are fixed annuities and its other types
03:34 Benefits of MYGA
06:46 Limitations of MYGA
07:57 Where to shop for MYGA
08:38 Where does it fall in your portfolio?

Other Resources
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Visit Stan The Annuity Man’s website

Learn more about Stan The Annuity Man

Get your annuity quote here

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Video by Nate Woodbury
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Looks like the FED is going to increase rates at least one more time 2023, then hold the rate. I'll pull the trigger by summer unless they announce another rate increase, I think locking in this rate for at least five to seven years is a safe bet considering we haven't seen interest rates this high in 15 years

DZ-Z
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I’m looking at a 5 year MYGA that says it will pay 2.65%. 1.5% commission. Does the commission come off the top or is it built into the return?

fishmojo
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Ibexis 5.8% 5yr myga for 71 yo retiree? ty 3/7/23

stevensinger