Fee-Based MYGA
The American Life Fee-Based MYGA offers 3 and 5 year durations, helping advisors provide principal protection and tax-deferred growth at a competitive guaranteed rate.
Why DPL Likes the Fee-Based MYGA
The Fee-Based MYGA offers competitive 3- and 5-year guaranteed interest rates. Premium is protected from market downturns and accumulates tax-deferred, allowing for greater growth potential when compared to traditional fixed income instruments like bonds. The minimum premium required is $10,000, making it more accessible to investors.
How to Think About Commission-Free MYGAs
When your client needs:
PRINCIPAL PROTECTION: MYGAs are typically used for clients nearing or in retirement, as they protect principal from market downturns, yet provide a minimum guaranteed rate of return.
FIXED INCOME: MYGAs provide a consistent stream of income for clients that are looking to de-risk their portfolios from equities.
CASH REPLACEMENT: MYGAs can be used instead of cash investments, such as CDs or money market funds, to help generate better returns subject to the terms of the contract.1
Advisor Materials:
Disclosures:
Product information provided by American Life & Security Corp.
1Surrender charges, market value adjustments and other contract charges may apply that can reduce the premium. A surrender during the surrender charge period could result in a loss of premium. The surrender charge and market value adjustment may reset with renewal. Surrender charge structures and guarantee periods may vary by state.
Fixed annuities are long-term contracts designed for retirement. Not guaranteed by any bank or credit union. May lose value. Not a deposit. Not insured by any federal government agency.
Contact Us
Have more questions about our insurance offering? Call us at 888.327.0049 to speak to a DPL Consultant.
