Our advisors have access to some of the highest interest rates available on the market. The multi-year fixed annuity is one of our most popular plans that provide a set interest rate on the client’s money for a set amount of years. We have periods available from as short as 2 years to as long as 10 years. If you are not familiar with what a MYGA is, then just think of how a certificate of deposit works….but much better! How Is A MYGA Better? Like a certificate of deposit you are able to lock in a guaranteed interest rate for a specific amount of years. Unlike a certificate of deposit, a MYGA will typically offer a higher rate of return. Unlike a certificate of deposit the interest you earn on your MYGA is not taxed, but rather deferred until you draw it out. This allows a MYGA to grow faster than a certificate of deposit. Unlike a certificate of deposit, the account value bypasses probate at the death of the insured and passes directly to the beneficiary. The Power of Compounding Interest!