Commentary: Multi-year guaranteed annuities may make a comeback

10/24/2013 | National Underwriter Life & Health

The multi-year guaranteed fixed annuity, or "MYGA," may soon become an important product for agents again, Stan Haithcock writes. "Just recently, the five-year MYGA reached an annual guaranteed rate of 3 percent," Haithcock writes. "This is a significant rate-level 'tipping point' in my opinion, and should start attracting both agents and clients back to the MYGA fixed-rate strategy."

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National Underwriter Life & Health

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