Multi-Year Guaranteed Annuities (MYGAs)
Fixed Interest. Predictable Growth. Principal Protection.
If you value stability and guaranteed returns, a Multi-Year Guaranteed Annuity (MYGA) may offer a compelling solution.
A MYGA provides a fixed, guaranteed interest rate for a specified period of time — helping you grow your money with protection from market volatility.
At Ward Financial, we help clients evaluate whether a MYGA fits within their broader retirement income strategy.
What Is a MYGA?
A Multi-Year Guaranteed Annuity is a fixed annuity that:
Provides a guaranteed interest rate for a set term (commonly 3–10 years)
Protects your principal from market losses
Offers tax-deferred growth
Is backed by the financial strength of the issuing insurance company
You deposit funds for a specific time period, and the insurance company guarantees the rate for that entire term. At the end of the term, you can typically renew, transfer, annuitize, or withdraw (subject to contract terms).
Think of it as a conservative growth tool designed for predictability.
Why Consider a MYGA?
A MYGA may be worth considering if you value stability, predictability, and protection from market volatility. It offers a guaranteed interest rate for a set period of time, allowing your money to grow at a fixed rate without exposure to market losses. For individuals nearing or in retirement, or for those seeking a conservative portion within their portfolio — a MYGA can provide dependable growth and tax deferral while helping reduce overall portfolio risk.
Many investors use MYGAs when they want:
- Stable, Predictable Returns
- Principal Protection
- Alternative to CDs
- Short-to-Mid Term Planning Tool
Who Might Benefit?
A MYGA may be appropriate for individuals who:
Are nearing or in retirement
Want to protect a portion of savings
Prefer guaranteed interest over market exposure
Are seeking a conservative allocation within their portfolio
Have funds currently sitting in low-yield savings or CDs
It is not designed for aggressive growth investors or those needing full liquidity at any time.
Add Stability to Your Retirement
Explore Guaranteed Growth Options
If you’re looking for stable, fixed interest growth without market exposure, a MYGA may deserve consideration.
Schedule a consultation with Ward Financial to review your options and see how guaranteed interest strategies could fit into your retirement plan.