It’s Time to Raise the State Guaranty Fund Limits
January 6, 2026 by Paul McGillivray
The State Guaranty Annuity Coverage chart in the December issue of Retirement Income Journal highlights a secondary layer of consumer protection for fixed interest and fixed indexed annuities.
Wink’s Moore on the Market: There is a reason that Paul McGillivray of M&O Marketing and I are friends. We share a lot of the same perspectives on the annuity business.
The entire time I was reading this article, I was nodding my head- “yes, yes and YES!”
Guaranty association coverage needs to be raised to $1,000,000.
And even better- there needs to be a consideration, from the guaranty association, on coverage for Guaranteed Lifetime Withdrawal Benefits (GLWBs) and Guaranteed Minimum Death Benefits (GMDBs).
Enjoy this gem.
(Yes, there is a paywall and yes, it’s totally worth the subscription price.) -sjm
