Are you watching the headlines and feeling increasingly anxious about the stability of your local bank or credit union? Are you looking to move your hard-earned savings into a Multi-Year Guaranteed Annuity (MYGA) as a safe haven, but worried that the insurance company itself might go under? 🛑💸

In this completely unfiltered warning, Shawn Plummer from The Annuity Expert answers whether a MYGA is a safe move if you fear bank failures. The short answer? Yes, it is an excellent safe-money choice—but chasing the absolute highest rate on the internet right now could expose you to massive company risk!

Shawn reveals a striking historical fact: going back to the year 2000, far more banks and credit unions have failed across the country than insurance companies. However, because the macroeconomic landscape is shifting and interest rates are  ...