EPISODE · Jan 31, 2020 · 19 MIN
015: Which is better...CDs or MYGAs?
from "Fun With Annuities" The Annuity Man Podcast
In this episode, The Annuity Man discusses: The differences and similarities between these two products Why buyers should consider both MYGAs & CDs The value of using a Laddering Strategy Where CDs & MYGAs fit in your portfolio Key Takeaways: MYGAs & CDs function exactly the same FDIC backed CDs are the safest guarantee available MYGAs are backed by the issuing carrier and a state guarantee fund CDs are for 2 years or shorter & MYGAs are for 3 years or longer "Think about laddering and combining MYGAs and CDs to achieve your goal of principal protection while receiving annual interest on a contractual basis." — The Annuity Man Connect with The Annuity Man: Website: TheAnnuityMan.com Email: [email protected] YouTube: Stan The Annuity Man
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015: Which is better...CDs or MYGAs?
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