A Multi-Year Guaranteed Annuities (MYGAs) is a tax-deferred savings vehicle that provides a fixed interest rate for a set number of years, offering a safe and predictable way to grow your money without market risk.
Choose a term length (3-10 years) and lock in your interest rate.
Deposit a lump sum into the annuity.
Your money grows tax-deferred at a fixed rate.
At the end of the term, you can withdraw your funds, renew the annuity, or convert to an income stream.
Retirees or pre-retirees looking for safe, predictable returns.
Investors seeking higher fixed rates than CDs or savings accounts.
Those who want tax-deferred growth without market exposure.
