

Can I Convert a MYGA Into a Lifetime Income?
Note sull'episodio
Are you thinking about converting your MYGA (Multi-Year Guaranteed Annuity) into a lifetime income stream? Before you officially annuitize your contract, you need to hear this! 🛑💸
In this video, Shawn Plummer from The Annuity Expert explains how you can convert a MYGA into income, but why you probably shouldn't! Annuitizing a contract is an irrevocable decision that forces you to permanently surrender your lump sum to the insurance company. Because most MYGAs do not offer income riders, Shawn reveals a vastly superior strategy: rolling your expiring MYGA into a Fixed Index Annuity (FIA) with a Guaranteed Lifetime Withdrawal Benefit (GLWB)!
This strategy allows you to secure a permanent, guaranteed paycheck while keeping total control of your money, earning interest, and preserving a death benefit for your family. Plus, Shawn explains why locking in an income rider today protects you from lower payout percentages if interest rates drop in the future!
👉 Run your own math and calculate your exact guaranteed lifetime payout right here:
https://www.annuityexpertadvice.com/annuity-calculator-2/
👉 Compare today's absolute highest-yielding MYGA rates here:
https://www.annuityexpertadvice.com/rates/annuity/fixed/
📞 Need a free, objective review to help plan your retirement income? Call us at: 770-755-1565
⏱️ Video Chapters:
0:00 - Intro: Can I convert a MYGA into a lifetime income?
0:20 - What is a MYGA? (The annuity version of a CD)
0:50 - The danger of Annuitization (Giving up control of your money)
1:47 - The Better Strategy: Roll it into an FIA with a GLWB (Income Rider)
2:16 - Using the "Fixed Account" inside a Fixed Index Annuity
3:07 - Why you should lock in today's high payout percentages NOW!
4:44 - How to get free quotes from The Annuity Expert