Understanding MYGAs Video Course
How Do Multi Year Guaranteed Annuities (MYGAs) Work? Annuities can be complicated. Our free and quick video series makes them easy to understand. Learn how a MYGA fits into your retirement plan. Or enroll in the interactive online course with virtual quizzes on our consumer-friendly education center.
What Is an Annuity?
An annuity is, very broadly speaking, an insurance product that can help turn your savings into an income stream and make your financial plans during retirement more predictable. An annuity is a contract between you and an insurance company. You make a lump sum payment, or give the carrier a series of payments, and in return, you obtain regular payments at some point in the future.