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A multi year guaranteed annuity or myga is a type of fixed annuity that offers a guaranteed fixed interest rate for a certain period usually from three to 10 years. Here s what you should know about how these annuities work and the benefits they can offer. Guaranty rate lock with mva 9 high band. A multi year guaranteed annuity or myga offers a predetermined and contractually guaranteed interest rate for a fixed period of time.

Multi year guaranteed annuities mygas what they are and how they work plus use the online multi year guaranteed annuity rate table to get instant annuity rates. Best multi year guaranteed fixed annuity rates for october 2020. Also known as fixed rate or cd type annuities multi year guarantee annuities myga provide a predetermined and contractually guaranteed interest rate for a set period of time typically 3 10 years. Atlantic coast life insurance company.

A myga is appropriate for someone who is closer to retirement and prefers tax deferral and a guarantee of investment return.

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