MYGA
A Multi-Year Guaranteed Annuity. A fixed annuity that pays a guaranteed interest rate for a fixed term, typically 2 to 10 years.
Example
A 7-year MYGA at 5.85% per year, principal returned at term end.
A Multi-Year Guaranteed Annuity. A fixed annuity that pays a guaranteed interest rate for a fixed term, typically 2 to 10 years.
A 7-year MYGA at 5.85% per year, principal returned at term end.