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Easy Money Podcast: Multi-Year Guarantee Annuity Explained (MYGA Explained)
Jan 10 2022
Length: 6 mins
Podcast

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Easy Money Podcast: Multi-Year Guarantee Annuity Explained (MYGA Explained)

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Summary
Financial Advisor Don Anders explains what a multi-year guarantee annuity is and how multi-year guarantee annuities work. Sometimes multi-year guarantee annuities are called MYGA. A multi-year guarantee annuity works very similarly to a CD and it gives the investor a fixed interest rate over a certain number of years, but there are certain Pros and Cons of MYGA's over CD's and Don Anders gets into those differences in this video.

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