MYGA Alternatives (PART 1)
Client Profile: AGE: Late 60s to age 80 SITUATION: MYGA owner (or any annuity not needed for retirement) or purchasing with cash TYPE: Non-qualified OBJECTIVE: Long-term care coverage, modest growth, unused funds passing to a beneficiary The Lowdown Considering how low multi-year guaranteed annuity rates were from 2010 until 2020-2021, it’s no surprise that MYGA…