Not Your Average Financial Podcast™

Episode 280: Oh MYGA! Interest Rates Are Rising!


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In this episode, we ask:

  • Have you shared this episode?
  • Would you like a free book? Show us how you shared this episode, and we will send you a book!
  • What happens when your environment changes?
  • What about the boring Certificate of Deposit (CD)?
  • Are CDs liquid?
  • What is the history of the CD?
  • What about the current interest rates?
  • What about tax?
  • What is a mutli-year guaranteed annuity (MYGA)?
  • What about the guarantees?
  • What is there to love about MYGAs?
  • What is a 1035 exchange?
  • What about thinking long term?
  • What about some examples?
  • What about transferring from a MYGA to a single premium indexed annuity(SPIA)?
  • What are the alternatives?
  • What about the 4% rule?
  • What about commissions?
  • What about guarantees?
  • What about low fees or no fees?
  • What are the age ranges?
  • What are the risks of a MYGA?
  • What about FDIC insurance?
  • Would you like to hear Episode 55?
  • Who is going to pay?
  • What happened in Cyprus?
  • What about knowing the environment?
  • ...more
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