What Is a Multi-Year Guaranteed Annuity?
January 18, 2023 by John Egan for Forbes Advisor
In the third quarter of 2022, sales of multi-year guaranteed annuities totaled $27.4 billion, up 4.7% from the previous quarter and 138% from the same period in 2021, according to Wink’s Sales & Market Report. Wink attributes the rising popularity of MYGAs to higher interest rates.
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Originally Posted at Nasdaq on January 11, 2023 by John Egan for Forbes Advisor.
Categories: Wink's Articles