Annuity Corner
Are Short Term Multi-Year Guaranteed Annuities (MYGA’s) Better Than Bonds?
Many financial advisors think so, but more importantly more consumers than ever before are diving into MYGAs.
MYGA sales are at record levels and with tax deferred fully guaranteed interest rates often exceeding taxable bond fluctuating returns, a lower minimum necessary deposit and with duration choices of 2,3,4,5,7 and 10, more clients of agents are choosing to buy MYGA’s.
Don’t miss the chance to solidify your client relationships with the best MYGA rates including
some recently updated California rates:
- A Top 2-year rate – 3.40%
- A Top 3-year rate – 3.90%
- A Top 4-year rate – 4.10%
- A Top 5-year rate – 4.25%
- A Top 6-year rate – 4.35%
For more information and carrier details contact David Bennis or any of your Cenco support team.
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