• Facebook
  • LinkedIn
  • Twitter
  • Youtube
  • Mail
  • Instagram
  • Subsidy Calculator
  • Ask a Broker
  • Social Wall
Your Friend and Ally for Insurance and Investments Call 240-855-4541 Speak to a Broker Today!
Comrade Financial Group
  • Home
  • About
    • Our Associates
      • Free Comprehensive Review
      • Contact Us
      • Work with US
      • Veterans
    • Referral Partners
      • Tell A Friend
      • Testimonials
      • Carriers
  • Health Insurance
    • Health Insurance Quote
      • Individual Health Insurance
      • Family Health Insurance
      • Self Employed Health Insurance
      • College Student Health Insurance
      • Small Business Health Insurance
    • CareFirst Individual & Family Quote
      • Kaiser Health Insurance
      • United Health Insurance Quotes
      • Anthem Blue Cross Blue Shield
      • Humana Health Insurance
    • Special Enrollment Health Insurance
      • Short Term Medical Quotes
      • International Insurance Plans
      • Dental Insurance
  • Life Insurance
    • Term Life Insurance
      • Whole Life Insurance
      • Whole Life Insurance Riders
      • Universal Life Insurance
      • Indexed Universal Life Insurance
      • Final Expense Life Insurance
  • Annuities
    • Annuities
      • Fixed Annuities
      • Fixed Indexed Annuities
      • Immediate Annuities
      • Multi Year Guaranteed Annuities
      • Annuity Income Riders
      • Annuity Rate Quotes
    • What is an Annuity?
      • Safe Money
      • Wealth Protection
      • 401(k) Rollover
    • Retirement Planning
      • Fixed Income Retirement
      • Asset Protection
  • IRA’s
    • IRA’s
      • IRA Rollovers
      • 401(k) Rollover
      • Roth IRA
      • 403(b)/TSA IRA
      • Inherited IRA’s
    • Self-Employed Retirement Plans
      • SEP IRA
      • Direct Rollover
  • Group Benefits
    • Small Business Health Insurance
      • Small Group Health Insurance
      • Large Group Health Insurance
    • Group Census Form
      • Disability Insurance
      • Critical Illness Insurance
      • Cancer Insurance
  • Seniors
    • Retirement Planning
      • Fixed Annuities
      • Fixed Indexed Annuities
      • Immediate Annuities
      • Multi Year Guaranteed Annuities
      • Medicare Supplement Insurance
    • Wealth Protection
      • IRA Rollovers
      • 401(k) Rollover
      • Direct Rollover
      • Social Security Benefits
      • Fixed Income Retirement
      • 1035 Exchange’s
    • Estate Planning
      • Safe Money
      • Asset Protection
      • Long Term Care Insurance
      • Annuity Income Riders
  • Menu Menu

Maryland Multi Year Guaranteed Annuities

You are here: Home1 / Maryland Insurance Agency2 / Maryland Multi Year Guaranteed Annuities

Maryland Multi Year Guaranteed Annuities

MYGA Multi Year Guaranteed Annuity Rates and Quotes for residents living in Maryland, D.C. and Virginia

Maryland MYGA Annuity Rates and Quotes

Maryland MYGA Annuity Broker

[afop]

MYGA Annuity Rates and Quotes

Time and money large 900

[afop]

Maryland MYGA Annuity Rates and Quotes

Maryland MYGA Annuity Broker

Comrade Financial Group offers a variety of Multi Year Guaranteed Annuities (MYGA)

Several carriers have this product from 3-10 years. Similar if not the same as a Fixed Annuity but some carriers have decided on the moniker of MYGA. These are also known as a CD Type Annuity.

A MYGA is an annuity issued with a guaranteed interest rate period which is equal to the length of time that surrender charges last. These are used as alternatives to Bank CD’s due to very very low CD interest rate environment. Laddering of MYGA’s is also a strategy often similar with Laddering of CD’s when the rates where more favorable. Below is a simple chart of rates and surrender charges similar to a cancellation charge of a long term CD.

5 Year MYGA
Year 1 2 3 4 5 6
Interest Rate 5.00% 5.00% 5.00% 5.00% 5.00%
Surrender Charges 5.00% 4.00% 3.00% 2.00% 1.00% None

A MYGA as show above has an Interest Rate Guarantee Period of 5 Years, the guaranteed interest rate for each year is 5.00%, and is guaranteed not to change for the length of the contract.

Withdrawal Provision is a feature of almost all MYGA’s. This provision allows you to withdraw a percentage of your account value or your initial premium each policy year. For example if this MYGA had a 10% Free Withdrawal Provision at the end of each year you could withdraw up to 10% of your account value. For example: any money withdrawn in the third year over the 10% Free Withdrawal Provision would be subject to a 3.00% penalty.

Withdrawal of any funds prior to age of 59 1/2 are subject to an IRS Penalty of 10% of the funds withdrawn. This is in addition to any penalties incurred as part of the annuity contract. Once the contract matures, you can easily do a Rollover to another MYGA or Fixed Annuity or even an Immediate Annuity.

If you are interested in a MYGA Multi Year Guaranteed Annuity, then click on the form and we would be happy to help you earn fixed guaranteed interest on your investment.

[afop]

Maryland MYGA Annuity Rates and Quotes

Maryland MYGA Annuity Broker

Search

Office Hours

M-F 9am-7pm

Sat 11am-3pm

Closed on Sunday

Call for an appointment

Phone: 240-855-4541

 

2018-19 Subsidy Calculator Calculator

2018-19 Federal Poverty Guidelines

Poverty Guidelines Small

Follow us on Facebook

RSS Google Health News

  • Maryland Lawmakers Override Vetoes On Sweeping Police Reform - NPR
  • 3 Young Kids Found Stabbed to Death in Reseda Apartment; Mother Arrested After Suspected Carjacking - NBC Southern California
  • Logitech Kills Harmony Universal Remotes, Says It Will Offer Support for as Long as Customers Use Them - Gizmodo
  • Adam Toledo Shooting: Bodycam footage of teen killed by CPD narrated in court ahead of public release - WLS-TV
  • Who, if anyone, can catch Hideki Matsuyama at the Masters? - ESPN

RSS WebMD Health News

  • My Spouse Is Depressed: Tips on How to Help and Cope
  • Strategies That Help
  • The Caregiver's Role
  • Recognizing the Symptoms, From Hallucinations to Delusions
  • What Is Dementia-Related Psychosis?

FOLLOW US ON TWITTER

Tweets by @ComradeFinGroup

Affiliate Company Links

Maryland Annuity Resource DC Annuity ResourceVirginia Annuity Resource The Gentleman Closer

Double A Consultants

Follow us on Facebook

Recent Posts

  • 2020 Federal Poverty Income Level Chart
  • 2019 Federal Poverty Income Guidelines
  • 2016 Federal Poverty Income Guidelines for Subsidies
  • Special Enrollment Qualifying Conditions
  • How to get the best deal on Health Insurance.
© Copyright 2019 - Comrade Financial Group, LLC DBA Comrade Financial Group - Website Design by Trackable Response
  • Facebook
  • LinkedIn
  • Twitter
  • Youtube
  • Mail
  • Instagram
  • Home
  • About
  • Health
  • Life
  • Annuities
  • IRA’s
  • Group
  • Seniors
Scroll to top