Are you paying your financial advisor an ongoing 1% management fee for the money you have sitting inside an annuity? If so, you are actively being ripped off! 🛑💸

In this video, Shawn Plummer from The Annuity Expert answers a question that absolutely infuriates him: Should you pay an advisor to manage a MYGA? Shawn gives a hard, undeniable NO. He explains exactly what a Multi-Year Guaranteed Annuity (MYGA) is: the insurance industry's version of a bank CD. Because a MYGA simply guarantees a fixed interest rate for a fixed number of years, it requires absolutely zero ongoing management!

So why do advisors push "fee-based" annuities? Shawn reveals the candid truth: MYGAs pay incredibly low commissions to brokers. To make up for this, greedy advisors will place your money into a fee-based MYGA so they can charge you a 1% ongoing managem ...