If you are looking at Fixed Annuities (MYGAs) as an alternative to bank CDs, you probably have one major question: Are annuities FDIC insured?

In this video, Shawn Plummer from The Annuity Expert gives you the straight answer. While annuities are not backed by the FDIC, they are protected by a different safety net called the State Guaranty Association (SGA). Shawn explains exactly how this works, what happens if an insurance company goes bankrupt, and how to look up the specific coverage limits for your state (often $250,000 or $500,000).

You will also learn a brilliant wealth-preservation strategy: how to safely split a large retirement nest egg across multiple insurance carriers so that 100% of your money stays under your state's maximum protection limits!

🔗 Important Links Mentioned in This Video:

Find your State Guara ...