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MYGIA Madness: The Next Cinderella Story?
Multi-Year Guaranteed Annuities (MYGAs) and Fixed Indexed Annuities (FIAs) are the Blue Bloods of the Annuity Market. But are we in the early chapters of the next Cinderella Story? Meet the Multi-Year Guaranteed Indexed Annuity (MYGIA).
Understanding MVA
MVAs are a prevalent feature on modern annuity products, yet they often confuse both advisors and consumers due to their impact on surrender values. Many struggle to distinguish MVAs from traditional surrender charges, leading to misconceptions about their role in…
