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Investing - Theory, News & General • Purchasing MYGAs (multi year guaranteed annuities) - mega thread

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Should Gainbridge and/or Canvas MYGA owners be concerned that their rates have not dropped with bond yields (yet)?
I'm considering completing one last MYGA application with Gainbridge today to lock in the rate for 30 days and fund it in three weeks. But it is getting harder to believe they can achieve what they are promising because interest rates are much lower than just a month ago.
I completed an application for a small (5%) addition to my MYGA holdings with Gainbridge (I’m still well under the state guarantee limit for the two of us). So, I now have the rate locked and 30 days to fund it. All set ✅

Statistics: Posted by Weathering — Sat Sep 07, 2024 12:10 am — Replies 2772 — Views 376909



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