Split Annuity | Combo Annuity | Rates September 19 2022. Combines the guarantees of income & growth

2 years ago
15

$500,000 premium
- Allocate $347,852 to MYG Annuity @ 4.65%
- Allocate $152,418 to Immediate Annuity for a monthly income of $1,828.88.

- After 8 years the MYG Annuity is worth $500,000
- After 8 years the Immediate Annuity will have paid out $175,572.48.

Assumes a non-premium tax state. No withdrawals are taken form MYG Annuity and funds are 100% cost basis.

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IMPORTANT INFORMATION
This material is for informational or educational purposes & is not a recommendation to buy, sell, hold or rollover any asset.

It does not take into account the specific financial situation, investment objectives, or need of an individual person.

Withdrawals may be subject to ordinary income taxes and, if made prior to age 59½, may be subject to a 10% IRS penalty.

Surrender charges may also apply.

All guarantees are backed by the claims-paying ability of the issuer.

Available in jurisdictions where approved.

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