Fixed Indexed Annuity (FIA) vs Multi-Year Guarantee Annuity (MYGA)

A basic review of how a Fixed Indexed Annuity (FIA) and a Multi-Year Guarantee Annuity (MYGA) are similar and different at the same time.

Compare how the interest rate and surrender term vary between the FIA and MYGA.

Point to point cap crediting method vs guaranteed fixed rates.

Compounding and tax deferral.

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