Home / Fixed Annuities
vid-thumb-variable

What is a Fixed Annuity?

Multi-Year Guarantee Annuity is a term used to describe a fixed annuity that has an interest rate guarantee for the same period of time as its surrender period. For example, an annuity with a guaranteed interest rate of 5% per year for five years, where there are no surrender penalties after five years. Some offer a higher rate the first year, and a lower, but guaranteed rate, for all subsequent years of the surrender period – e.g. 8.5% first year, with a guaranteed renewal at 4% for years 2-5 for a blended average of 4.88% per year for five years. The key feature is that you know what interest rate you get for the entire surrender period, and for this reason we ONLY recommend Multi-Year Guarantee Annuities.

Continue


TOP RATES as of 1/14/2019

3 Year MYGA 3.45%
5 Year MYGA 4.10%
7 Year MYGA 4.19%
10 Year MYGA 4.30%
15 Year MYGA 2.95%
Request Company and Product Details
Click Here for Complete List...

FROM OUR BLOG

New Study: Deferred Income Annuities Could Be Key to Retirement Security

A new study from the Employee Benefit Research Institute found deferred income annuities (DIAs) held within a 401(k) could be … Continued

Strong Year-End Annuity Sales Suggest Promise in 2019

The final 2018 market data for the U.S. annuity industry was recently released showing record quarterly highs for both fixed … Continued

Need Retirement Income Now? Consider an Immediate Annuity

For most retirees, the biggest fear later in life is running out of money. One of the only solutions to … Continued

ADVISOR INSIGHT

"Fixed annuities are often overlooked due to bells and whistles associated with indexed annuities. A Multi Year Guaranteed Annuity (MYGAs) pays a constant and guaranteed rate of interest each year during the selected period. The investor can spend the interest as income or allow it to compound inside the contract in a tax deferred basis. The simplicity and predictable outcome allows for many different uses including RMD distributions, wealth transfer and accumulation. As with any annuity contract it is important to understand the differences between the products. The most common mistake is taking the highest interest rate without factoring the liquidity provisions and duration of commitment."

Derek Stamos, Financial Advisor
Annuity FYI Expert

ARTICLES & GUIDES

 If you happened to purchase a 10-year fixed annuity a decade ago, you nabbed what turned out to be a fabulous deal. They were typically yielding 6.5% to 7% annually – not a match for historic stock market returns, but extremely impressive for a guaranteed fixed-rate investment. Alas, those contracts are now maturing, leaving investors with the decision of what to do now.

As Particularly Generous Decade-Old Fixed Annuities Mature, What Should You Do?

Many fortunate investors bought 10-year fixed annuities a decade ago, when interest rates were markedly higher as a direct result of the Great Recession ....
Annuity Warning #4: Fixed Annuity Rates

Annuity Warning #4: Fixed Annuity Rates

Typically, an annuity company will give you a particular rate up front on a fixed annuity, and then decrease...
Fixed Tax Deferred Annuities

Fixed Tax Deferred Annuities

Fixed tax-deferred annuities are invested primarily in government securities and high-grade corporate bonds...

TESTIMONIALS
2017-11-29
     
Derek was incredibly helpful and went over and beyond to get a highly qualified representative on the phone that could assist me with my questions.
2017-08-04
     
Very helpful. Went over and beyond to explain information.
2018-07-21
     
Both Derek and Andrew are both very respectful and sensitive with regard to my questions in attempting to evaluate these complex products and the fact that my investment, regardless of the amount, is not incidental.

Annuityfyi.com - Prefooter

Share On Facebook
Share On Twitter
Share On Google Plus
Share On Linkedin
Share On Pinterest