MYGA Rates
Multi-Year Guaranteed Annuity Rates
Arizona April 2025 Rates
What does a MYGA offer?
Are you concerned about the uncertainty of fluctuating interest rates? Protect your hard-earned savings with a Multi-Year Guarantee Annuity (MYGA). MYGAs offer:
• Peace of Mind: Lock in a guaranteed interest rate for your chosen term, shielding your money from potential market declines.
• Predictable Growth: Enjoy the certainty of knowing exactly how your investment will grow.
• Tax Deferral: Earnings generally accumulate tax-deferred until withdrawal.
• Flexible Options: Choose terms from 2 to 7 years or more to suit your needs.
Important Considerations about Annuities:
MYGAs are insurance products with features that may differ from bank-issued CDs.
• Early withdrawals may incur surrender charges.
• It's essential to fully understand the terms and conditions of a MYGA before investing.
Don't let market uncertainty erode your savings. Contact us today to explore how a MYGA could offer security and growth potential for your financial future.
Multi-Year Guaranteed Annuity Disclosure:
Fixed Annuities are long-term insurance contacts and there is a surrender charge imposed generally during the first 5 to 7 years that you own the annuity contract. Withdrawals prior to age 59-1/2 may result in a 10% IRS tax penalty, in addition to any ordinary income tax. Any guarantees of the annuity are backed by the financial strength of the underlying insurance company.
A MYGA is an annuity product issued by an insurance company, as opposed to a bank-issued CD. As with any financial product, it is critical to have a solid understanding of the provisions and features of a MYGA before making an investment decision. Our team is dedicated to providing guidance to assist you in determining how a MYGA may fit into your financial planning strategy.