Bank CDs vs. MYGAs and the Cost of Waiting

“I’m waiting for interest rates to go back up so I don’t want to put my money in anything long-term.”

In a low interest rate environment, many consumers are opting for guaranteed short-term rates waiting for improved rates in the future. While guaranteed interest rates offer some level of security, did you know there are financial solutions, other than Bank Certificates of Deposit (CDs), that provide a guaranteed interest rate? For example, Multi-Year Guarantee Annuities (MYGAs) offer guaranteed interest and show that “waiting” for a higher rate may not be the best option.
What is the Cost of Waiting?
Questions? Need product materials or forms? Email us or call our office at (866) 845-5292.
For quotes, you can now visit our website.
Copyright © 2016 The Achievement Group, All rights reserved.

Toll Free IA: 866-845-5292
Toll Free MN: 877-621-2963
Fax: 515-953-5300

Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list