Tag: MGYA
April 5, 2016 by Troy Baccus
What is a Multi-Year Guaranteed Annuity or MYGA?
A popular type of annuity is called a Multi-Year Guaranteed Annuity, or MYGA. Below we’ll explore the question “What is a MYGA?” and give examples of when it’s appropriate to use a MYGA as a savings vehicle. What Does MYGA Stand for? MYGA stands for “Multi-Year Guaranteed Annuity.” It is a fixed annuity, meaning it has a fixed interest
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May 7, 2014 by Troy Baccus
What is a Multi-Year Guaranteed Annuity (MYGA)?
There are many different types of annuities. One popular type of annuity is called a Multi-Year Guaranteed Annuity, or MYGA. In this post we answer the question “What is a MYGA?” and we will try to show when it is appropriate to use a MYGA as a savings vehicle. View current MYGA Rates here>>
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