• Facebook
  • Linkedin
  • Twitter
  • Gplus
  • Youtube
  • Mail
  • Instagram
  • Subsidy Calculator
  • Ask a Broker
  • Social Wall
Your Friend and Ally for Insurance and Investments Call 301-637-6915 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

Multi Year Guaranteed Annuities Washington D.C.

You are here: Home / Washington D.C. Insurance Agency / Multi Year Guaranteed Annuities Washington D.C.

MYGA Annuities Multi Year Guaranteed Annuity in Washington D.C.

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

Washington D.C. MYGA Annuity Rates and Quotes

Washington D.C. MYGA Annuity Broker

MYGA Annuity Rates and Quotes

Time and money large 900

Washington D.C. MYGA Annuity Rates and Quotes

Washington D.C. 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.

Washington D.C. MYGA Annuity Rates and Quotes

Washington D.C. MYGA Annuity Broker

Search

Office Hours

M-F 9am-7pm

Sat 11am-3pm

Closed on Sunday

Call for an appointment

Office: 301-637-6915

Cell: 240-855-4541

Fax: 301-637-6621

 

2018-19 Subsidy Calculator Calculator

2018-19 Federal Poverty Guidelines

Poverty Guidelines Small

RSS Google Health News

  • Qualcomm is already announcing next year's 5G chips: Meet the Snapdragon X55 - Ars Technica
  • Ford will stop selling commercial trucks in South America - CNBC
  • Liverpool vs. Bayern Munich - Football Match Report - February 19, 2019 - ESPN
  • Tristan Thompson Speaks Out About Jordyn Woods Cheating Allegations - E! NEWS
  • 7 things you need to know from 2020 candidate Amy Klobuchar's CNN town hall - Washington Examiner

RSS WebMD Health News

  • Walnuts, Almonds Help Hearts in Type 2 Diabetes
  • Study: FDA Fell Short on Tracking Fentanyl Use
  • Heart Attacks Rising Among Younger Women
  • CDC: Turkey-Linked Salmonella Cases Now at 279
  • Finding LGBTQ-Friendly Health Care a Challenge

FOLLOW US ON TWITTER

Tweets by @ComradeFinGroup

Sign up for Newsletter

Affiliate Company Links

Maryland Annuity Resource DC Annuity ResourceVirginia Annuity Resource The Gentleman Closer

Double A Consultants

Follow on Google Plus

Insurance Broker serving Maryland, D.C. and Virginia

Show options Hide options Additional options

Recent Posts

  • 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.
  • Maryland Insurance Broker
© Copyright - Comrade Financial Group 2015 - Website Design by Trackable Response
  • Facebook
  • Linkedin
  • Twitter
  • Gplus
  • Youtube
  • Mail
  • Instagram
  • Home
  • About
  • Health
  • Life
  • Annuities
  • IRA’s
  • Group
  • Seniors
Scroll to top