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015: Which is better...CDs or MYGAs?
Manage episode 273338191 series 2798004
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: Stan@TheAnnuityMan.com
YouTube: Stan The Annuity Man
275 에피소드
Manage episode 273338191 series 2798004
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: Stan@TheAnnuityMan.com
YouTube: Stan The Annuity Man
275 에피소드
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