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“Fun With Annuities” The Annuity Man Podcast

Jan 19, 2021

In this episode, The Annuity Man discusses: 

  • The simplistic nature of MYGAs. 
  • The end of term flexibility of a MYGA. 
  • Why you can’t broad brush all annuities. 
  • It is your money, you get to make the decisions. 


Key Takeaways: 

  • The commission is already built into annuity contracts, they can vary depending on the complexity of the annuity. For something like a MYGA, they can be quite low, possibly .5%-2% depending on the carrier. 
  • Choose the highest contractual guarantee, whether that is renewing with the current carrier or moving to a different carrier at the end of your MYGA term. 
  • You are living the reality - that is the contractual guarantees. You can make the annuities work for what you want them to do. 
  • Transferring within an IRA is a non-taxable event. You can also transfer to other annuities depending on what you want the money to do. 


"The MYGA owner is the winner. You control the asset 100%." —  Stan The Annuity Man 


Connect with The Annuity Man: 



Book: Owner’s Manuals 

YouTube: Stan The Annuity Man 

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