Financial planning tools for investment decisions A Multi-Year Guaranteed Annuity (MYGA) can be a strong alternative to a bank Certificate of Deposit (CD), particularly for conservative savers who want predictable growth without market risk. Like a CD, a MYGA offers a guaranteed interest rate for a set period — often 3, 5, or 7 years. But where it can pull ahead is in both growth efficiency and tax treatment. From a growth standpoint, MYGAs are often able to higher fixed rat

Annuities built with long-term care benefits are one of the most practical and efficient ways to address one of retirement’s biggest risks. Instead of paying premiums year after year and hoping you never need the coverage, a single lump-sum premium can immediately reposition idle money into a powerful leverage tool. In many cases, that one-time deposit can create a total long-term care benefit two to three times greater than the original amount. That means your dollars are no

A financial advisor explaining retirement strategies to a client. Using an income annuity to help satisfy Required Minimum Distributions (RMDs) from an IRA or other qualified account can be a disciplined and highly efficient strategy. Once RMDs begin, the IRS requires you to withdraw a calculated percentage each year — whether you need the income or not. An income annuity can convert a portion of those retirement assets into a predictable, guaranteed stream of income that nat