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MYGA Rates High Right Now: Time to Buy Over Bonds and CDs?

In this video, we’re discussing whether NOW is the time to buy a MYGA (Multi-Year Guaranteed Annuity), what you need to be aware of before you buy one, and advantages MYGAs have over other fixed products like CDs or bonds right now. ➡️ Make sure to watch our video, MYGAs Exposed:    • Annuities Exposed: MYGA Buyer BEWARE   ✅ SUBSCRIBE to NOT being a transaction ever again... https://bit.ly/33TpKqD ✅ Like us on Facebook!   / stop-being-sold-524309451006118   ✅ Check out our site for more tips https://stopbeingsold.com/ Currently we are seeing short term MYGAs higher than long term rates. This also follows the trend we are seeing in Treasury rates. (short term rates higher than long term rates) We are seeing top 5 year MYGA rates around 5.6%, while 7 year rates are much lower, around 4.5%. So, what are MYGAs? A MYGA, also called a Multi-Year Guaranteed Annuity, is a type of fixed annuity that provides a guaranteed rate of interest for a specific period of time, typically ranging from 2 to 10 years. They are sold by insurance companies, and are designed to provide a stable, low-risk investment option for people who are looking to generate a steady stream of income in retirement. It is time to buy a MYGA if: They meet your risk tolerance. You want a guaranteed rate of return for a specific time. You want to defer taxes on your gains until you sell. You want a higher return than your savings accounts. #myga #annuities #interestrates #annuity