042 MYGA Secrets You Need To Know

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welcome to

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fun with annuities with your host me

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stan

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the annuity man america's annuity agent

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can annuities be fun

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can contractual guarantees be fun

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absolutely they can

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find out the brutal facts about

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annuities with no sales pitches or high

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pressure nonsense

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just the brutal and factual annuity

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truth which is all you need to hear

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let's have some fun with annuities and

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let's have that fun

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start right now

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[Music]

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welcome to fun with the nudies the

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number one annuity podcast on the planet

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i'm your host stan

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the annuity man america's annuity agent

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licensed in all 50 states

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coming to you from the will do not might

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do studios

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and shooting this on the annuity fund

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cam for all of you

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listening on the podcast platforms we do

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film this

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on the fun with annuities youtube

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channel so if you want to check that out

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and check my face and check out my

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hand gestures as i'm yelling at the

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camera that is cool as well

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as you know the fun with annuities motto

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is living the reality

1:12
not the dream and we're talking about

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contractual realities and i do encourage

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you to go to my site the annuityman.com

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for everything books schedule call the

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whole thing but let's jump

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into the topic which is a big one today

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and it falls under the annuity for what

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it will do not what it might do the

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contractual guarantees

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so today's topic is the myga secrets

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that you need to know so let's start off

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by

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explaining what a myga is multi-year

1:39
guarantee annuity

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is what myga stands for migas are

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the annuity industries version of a cd

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it's not any more complicated than that

1:50
you know i get a call from chester today

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chester is the mythical prospect with

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his wife martha that calls me every

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every day and asks the questions

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but i get these questions all the time

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it's like uh hey stan is my guy i want

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to buy one of them migas

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but i'm a cd buyer well what's the catch

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it can't be that

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simple uh yes it can chester

2:10
it can be that simple multi-year

2:13
guarantee annuities are simple for all

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of the people out there go

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i hate all annuities stand the annuity

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man i hate them all

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really do you hate cds do you hate

2:24
principal protection do you hate

2:26
guaranteed interest rates do you hate

2:28
products with no fees

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do you hate simplicity of course you do

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not

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multi-year guarantee annuities are kind

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of the unknown

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gem of the annuity industry why is it

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unknown is because

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agents don't get paid a lot remember

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commissions with annuities are built in

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and hidden from the client

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and the more complex and longer term the

2:48
product the higher the commission

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the more simple the product and the

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shorter term the product

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the lower the commission even though

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it's built in that's the reason that in

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the

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in the annuity world if you have a

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sprained ankle a sore throat or you have

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covid someone's going to try to sell you

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an indexed annuity

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because they think that's the solution

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it's not a one-size-fits-all solution

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multi-year guarantee annuities have been

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around for long hundreds of years

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i mean just like a cd you get a

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guaranteed interest rate

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for a specific period of time that you

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choose

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and the durations can be assured at the

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time of this taping

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two years in length you can buy a

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two-year multi-year guarantee annuity

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and you can buy a three-year four-year

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five year six years seven year eight

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year whatever ten year

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but right now the sweet spots around

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five years in in

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and you i will allow my clients to look

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at the seven year

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um rate if it's a part of an overall

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like my ga ladder multi-year guarantee

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annuity ladder

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um so that's a multi-year guarantee

3:49
annuity the biggest difference between a

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myga and a cd

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is in a non-ira non-qualified account so

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like you're checking the type account

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um a cd gets that annual interest and

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you have to pay taxes on an annual in a

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non-ira non-qualified account

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in a with omega in the same type of

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account

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the interest grows tax deferred

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so you don't pay taxes until you pull

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the money out if you do that

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that doesn't make it better than cds it

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but it does

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it is different than a cd from that

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standpoint now

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uh if you're using ira money cds and

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multi-year guarantee annuities excited

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about ira so you're already getting

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tax deferral there's no double tax

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deferral so you're already getting one

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tax deferral so

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you know if you're a cd buyer um then

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you're a my good buyer you just don't

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even know it

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okay and you should be looking at

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because my

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i mean cd rates right now at the time of

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this taping stink the holy heck

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and you know that nod your head might

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rates are pretty competitive because

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annuity companies are annuities are

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issued by life insurance companies and

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life insurance companies have multiple

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products they

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sell life insurance they sell lifetime

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income products and then they sell these

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you know multi-year guarantee fixed-rate

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type products so they have a lot going

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on

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and they know when we're going to die

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which is the reason they have the big

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buildings the reason they have the logos

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on the planes

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it's the reason that they're now

5:11
sponsoring sports stadiums right

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so um so the positive of a my

5:17
or what i just told you tax deferred

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growth you can use it in any type of

5:20
account ira

5:22
non-ira roth ira it doesn't matter um

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you know those are the positives the

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positive also um

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there's no annual fees there's no hidden

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costs there's no gotcha calls there's no

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you know people always ask all the time

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so what you know what are the fees

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there are no annual fees um you know

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don't feel sorry for the annuity company

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they're making money

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and yes the the agent that sells you

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gets a paltry low commission but that's

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okay

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because it's not about us it's about you

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um

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and that's hidden from you so if you put

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a hundred thousand dollars into my ga

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you're gonna see a hundred thousand

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dollars

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on your statement and going to work for

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you now the the negative

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i guess to my and every product has

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negatives right not your head

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um and the negative is that

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omega is not as safe as as a cd in my

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opinion that's my opinion cds have fdic

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insurance

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f stands for federal f stands for we're

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going to get the freaking money somehow

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right um that's the best coverage on the

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planet whereas multi-year guarantee

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annuities

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you should um you should always buy

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the multi-year guarantee annuity rate

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based on the claims paying ability of

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the carrier

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yes there's a state guarantee fund that

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each state has that backs policies up to

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a certain amount but it's illegal to use

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that in the sales process

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and we're not doing that because if

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you're working with me which you should

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and i hope you do because i'm licensing

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all 50 sales i'm standing new to man

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i said that quick stand the annuity man

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america's annuity agent i mean i hope

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you do i mean we sell more magazines

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on the planet um but if you're working

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with us we're going to look at the same

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the claims paying ability of that

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carrier now if you want to go to the

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site

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and look at what your state guarantee

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fund is

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go to n o l h g a and as the nancy o

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ellis and larry h's and harry g s and

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gary as an apple n-o-l-h-g-a

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dot com and you can find out what your

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state guarantee fund is

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with that being said by the claims

7:16
paying ability now now my background

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with more

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morgan stanley and ubs and all those

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those little high falutin firms dean

7:23
wood or payne weber

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um you know i can look at a bond

7:26
portfolio and a solvency ratio i can

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look at all that i can look at i always

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tell people i can look at the bond

7:30
portfolio and tell when the son-in-law

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is buying the bonds okay

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we don't know that so you know the the

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daughter the daughter of the ceo

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you know marries a mary skipper

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skipper the the frat boy and skipper the

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frat boy don't know bond from schmond

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and all of a sudden he's buying bonds

7:46
for the annuity no i can spot that so

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you know if if i'm going to recommend

7:50
the carrier to you then i've looked at

7:52
them

7:52
and i've got my rear end on the line

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because i'm going to say hey i think

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that

7:57
this company can back up the claims so

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let's get to the secrets and a lot of

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the typical questions that are asked

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to me um just pretty much every day so

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one of them is how far out should you

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lock into

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that really comes down to what your

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goals are for the asset

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but currently at the time of this taping

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i'm telling my clients really

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really look at five years and then if

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you look at just basic yield curve

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analysis and

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and really what that means in english

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and just hanging out on the corner

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explaining it is where is the sweet spot

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for the yield where they offer me the

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most

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yield me is the consumer for the the

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shortest duration and that's five years

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because if you look at

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if you go to the annuityman.com and we

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have a live feed of the best migrates on

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the planet we have more carriers than

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anyone

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period and it's updated live if you go

8:48
there and you know and you look at it

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you're going to see that the the

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carriers really don't reward

8:54
you for going farther out than say five

8:56
seven gets you

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maybe you know a couple more not not

9:00
not 100 but like 20 basis points more so

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you know i tell people five years and

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then at the time of this taping the

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shortest duration is two years

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um back in the day when interest rates

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were a little bit higher

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um there were one year uh my guess and i

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guess we'll go back there if interest

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rates ever go up if jimmy carter will

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stop building houses

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and start you know pushing interest

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rates again right people say

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well i'm waiting for you know rates to

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move up and i'm like

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jimmy carter is building houses in

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georgia i hope

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i hope he's still alive he's like 92

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swinging the hammer right

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um but we're not we're probably we i'm

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looking at you and you're listening to

9:37
me as you're driving down the road in

9:39
the podcast

9:40
or on the treadmill hopefully um

9:43
we're probably not gonna see those rates

9:44
again and people say well you know you

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know rates have got to go up i mean for

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the last five years

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people have said to the following to me

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well stanley nudie man america's annuity

9:54
agent licensed all 50 states

9:56
not many people say all of that but some

9:58
do well rates have to go up right

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uh no they don't japan anyone

10:05
you know people are spoiled here you

10:07
know

10:09
they don't have to go up they can go

10:11
down in fact there's a

10:12
there's a good argument for them to go

10:14
to zero i hope i'm wrong

10:16
about that but there's a good argument

10:17
why is there a good argument stand the

10:19
annuity man

10:19
very good question podcast listener and

10:21
viewer the reason

10:23
is when you're printing all this money

10:26
as a country and giving it all away just

10:27
to make everybody feel better and get

10:29
through it right

10:30
um and i know people are having hard

10:32
times but man we're printing money

10:34
ridiculously when you do that you're

10:37
gonna have to pay interest on the money

10:38
that you're printing

10:40
so in my opinion there's no incentive to

10:43
raise

10:44
interest rates if you're the government

10:45
that's printing money give you an

10:46
analogy

10:48
would you this is a question to you

10:50
podcast listener and viewer

10:52
would you raise your mortgage payments

10:55
just for the heck of it would you do

10:57
that i mean would you raise the interest

10:58
rate on the mortgage

10:59
no you would not it's the same thing

11:03
that's looking the government in the

11:04
face as they print print print send send

11:06
send

11:07
pr pr pr

11:11
so we could could could rates go to zero

11:14
absolutely

11:15
i hope they don't but could they yes

11:18
japan went negative

11:19
for goodness sake some of the european

11:21
countries went negative

11:23
on interest rates so don't be cavalier

11:26
and uninformed and uneducated and just

11:28
randomly say wow right so i have to go

11:30
up

11:31
that's falls under the category of i

11:33
hate all annuities

11:34
really i mean it's not informed it's

11:37
like saying i hate our restaurants rates

11:38
have to go up they don't have to go up

11:40
do we want them to go up yes for the

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podcast listeners i've got my hands

11:43
together i'm praying yes wait want that

11:45
to go up please

11:46
please go up we want them to go up but

11:49
they might not

11:51
so um how far out five years that's the

11:53
answer to that

11:54
and and really one of the positives

11:57
about

11:57
mike is kind of going back to the

11:58
original this first segment of the

12:01
podcast

12:02
the positives of the mic you can ladder

12:04
maturities meaning that let's just say

12:05
for instance you say

12:07
chester calls out well i got 300 dollars

12:10
putting my cause what would you do

12:11
standing nudey man

12:13
what i would do is i say okay let's buy

12:15
a two year a three year and a five year

12:17
i'm just an example of a ladder of a

12:19
ladder and you put a hundred thousand

12:21
in each maturity and as they um mature

12:24
then you can just roll it into another

12:26
multi-year guarantee annuity by the way

12:29
you know you can keep pushing that tax

12:31
puck down the ice hockey analogy for all

12:32
my hockey people out there

12:35
um you can just keep rolling

12:38
the myga in a non ira non-qualified

12:40
account it's called a 1035 exchange

12:42
1035 refers to the irs code that

12:44
addresses annuity to annuity

12:46
transfer which is a non-taxable event if

12:49
you're really bored go read it

12:50
but the point is if you get to the end

12:52
of your surrender term enter the time

12:54
frame

12:54
uh of the uh of the mighty the the the

12:57
anniversary date let's just say about a

12:59
five year my gun at the end of those

13:00
five years

13:02
you can then transfer it to another maga

13:04
and keep

13:05
pushing the tax puck down the ice now

13:07
eventually when you pull the taxes out

13:09
it's lasting first out

13:10
gains first uh tax or

13:14
ordinary income levels but a lot of

13:15
people just want principal protection

13:18
and they want a guaranteed interest rate

13:20
and they just want to

13:21
you know not take the interest even

13:23
though you can with with my guess

13:24
you know a lot of them allow you to take

13:26
interest out but they just want to keep

13:27
rolling it and rolling it and rolling it

13:29
side note another positive just just hit

13:32
me being

13:33
like lightning bolt light annuity

13:35
lightning bolt ping

13:36
um in some states like florida texas i

13:40
believe neva

13:40
nevada sorry um annuities are pr

13:44
are are creditor and lawsuit protected

13:47
in the law

13:48
in the law i mean if someone if you have

13:51
an annuity you've owned it for a couple

13:52
years and someone randomly runs into

13:54
your car

13:55
and they try to see you for it you know

13:57
you literally

13:58
can flip them the bird when it comes to

14:00
the annuity they cannot get to it

14:02
by law which is a good thing um so

14:05
that's just an added benefit

14:07
um

14:10
another question that comes in one of

14:12
the secrets to this is

14:13
how short term and i think i just

14:14
covered that two years is the shortest

14:17
duration at this point and there's

14:18
really only one

14:19
carrier that's offering it this the

14:21
three-year piece of paper the three-year

14:23
guarantee has a lot of carriers that are

14:26
offering

14:26
um you know good rates and obviously

14:29
killing cd rates right now again

14:31
not better than cds but if you're

14:33
looking for yield if you're looking to

14:35
squeeze oil out of the brick as they say

14:37
in the south

14:38
then you know the three year is pretty

14:41
good you know it's not a long duration

14:43
and you know at the end of the term you

14:44
can get your money back

14:46
if you want it or you can roll it

14:47
whatever you want to do surrender

14:48
charges on into on on

14:50
these type of migas are high and they're

14:52
predatory let's not

14:54
let's not men's words let's get down to

14:55
business here okay

14:57
let's take a five-year myga for example

15:00
typically the surrender charges are

15:01
going to be like

15:02
nine percent the first year eight

15:04
percent the second year

15:05
seven percent the third year uh six

15:08
percent the fourth year at five

15:09
you know it just goes down and as the

15:11
duration uh

15:12
lessens that's pretty high that doesn't

15:15
mean

15:16
that it's bad i mean they're locking in

15:18
the rates they don't want you to pivot

15:20
and go buy a boat obviously they got to

15:21
lock in the rate

15:22
somehow and that's kind of keeps you

15:24
from doing that but a lot of these and

15:26
these micas allow you to peel off the

15:27
interest pin

15:28
penalty free or take out say five or ten

15:31
percent annually

15:32
penalty free if you need liquidity so if

15:35
you're working with me stand the annuity

15:36
man america's annuity agent licensed all

15:37
50 states

15:39
and you say hey i kind of need some

15:41
liquidity

15:43
there's a possibility we need to get to

15:44
a little bit of money

15:46
then we will find a multi-year guarantee

15:49
annuity

15:50
that has that provision to either take

15:51
out interest or take out a percentage

15:53
annually

15:54
and if you go to my site at the

15:55
annuityman.com

15:57
um there's a lot on the front page that

15:59
says see live rates click the button

16:00
it'll pop it up and then you just put in

16:02
your state and the duration

16:04
in that grid on the grid we make it very

16:07
easy to see

16:08
you know which which products allow you

16:10
to take interest out

16:11
which products allow you to take um you

16:13
know money out on an annual basis

16:15
and not all the time but a lot of the

16:18
time the companies that

16:19
don't allow that type of liquidity have

16:21
the highest guarantee

16:23
duh makes sense but if you need that

16:26
type of liquidity or the possibility of

16:28
liquidity

16:29
then we have to build that in we have to

16:30
choose a carrier that provides that

16:33
now um you know the best site obviously

16:36
my site

16:37
the annuityman.com and there's no

16:39
pop-ups and flashes and wanting you to

16:41
sign up and all this

16:42
junk you know obviously we want you as a

16:44
client but the way that i

16:46
had my staff team consultants and

16:49
everybody build the site

16:51
was kind of like a kind of like a media

16:54
site a little bit

16:55
um you know there's videos and there's

16:56
podcasts and their replays and there's

16:59
articles i'm a serial writer not

17:02
that i mean i'm writing about cereal

17:04
okay this is about cornflakes

17:06
no it's not that i'm writing i've

17:08
written over 400 articles i've written

17:10
seven books etc

17:11
but you get a lot of information but

17:13
also with the myga

17:15
feed you don't have to sign up to get it

17:17
you can just go in there and look

17:19
at your own leisure 24 7 365. that's the

17:22
way i want it

17:23
when i go into a site and i want to look

17:25
at something and get some information

17:27
i don't want pop-ups and people trying

17:28
to bug me to uh

17:30
to sign up for a newsletter or something

17:32
you know if i want to sign up i'll sign

17:34
up and i'm assuming that's who you are

17:36
as well

17:37
um and by the way if you haven't caught

17:38
this by now

17:41
i'm a straight shooter i am not going to

17:44
mince words and if you work with me and

17:46
i hope you do give me a shot at it okay

17:49
all 50 states i'm going to tell you the

17:51
truth

17:52
as my grandfather said in stanley north

17:55
carolina

17:56
out in the barn to stand the annuity man

17:59
when i wasn't standing into any i was

18:01
just stand

18:02
he says stan if you remember if you

18:05
if you tell the truth you don't have to

18:06
remember anything think about that if

18:08
you tell the truth

18:09
you don't have to remember anything that

18:11
doesn't mean i'm better than everyone

18:13
that doesn't mean i'm smarter than

18:14
everyone

18:14
i will tell you i outwork everyone but i

18:16
will tell you this

18:17
if you don't need an annuity i'll tell

18:19
you i was on the phone

18:21
you know before i tape this i'm taping

18:22
this right now at night

18:24
because that's when things slow down for

18:25
me standing annuity man and one of my

18:27
last calls we went through the whole

18:29
process and at the end i said you know

18:30
what

18:31
if i'm you i don't buy an annuity right

18:33
now i wait if because this situation was

18:35
different

18:36
it wasn't involving omaga but i'm just

18:38
going to tell you i encourage you to try

18:40
to interact with me

18:41
schedule call it the annuityman.com

18:43
because i'm going to shoot it straight

18:45
so let's get back to the micas couple

18:48
questions

18:49
um a lot of people can you take

18:52
money out and we talked about taking out

18:54
interest and they want to say can i take

18:55
out the interest i don't want to test

18:56
the principal but can i take out the

18:58
interest

18:59
the answer is yes now when you take that

19:02
interest out

19:04
and you put in your bank account then

19:06
that interest is taxed at ordinary

19:08
income levels last and first out gains

19:10
first

19:10
but you can with a lot of these um mygas

19:14
just peel off the interest so let's give

19:15
an example let's just say there's a

19:17
multi-year guarantee annuity out there

19:19
at the time of this tape and let's just

19:20
say

19:20
it's at three percent i'm hoping that

19:23
someone watches this

19:24
five years snow goes three percent man

19:26
that's horrifically low

19:28
i hope that's the case but anyway as an

19:30
example you put a hundred thousand

19:32
dollars in and you can peel off the

19:34
three

19:34
three percent every year so three

19:36
thousand dollars a year so for five

19:37
years that's

19:38
fifteen thousand dollars and at the end

19:39
of the five year term you've peeled off

19:41
the fifteen thousand dollars in interest

19:43
and you still have your hundred thousand

19:44
dollars intact hello

19:46
no annual fees no hidden fees no nothing

19:48
blah blah blah and you

19:49
control the asset people are always

19:52
worried about that but we can do that

19:54
and we can set it up where it's hitting

19:56
your bank account you know

19:57
when you go through the application

19:59
process with the annuityman.com

20:01
i have the best team on the planet just

20:03
tell us exactly what you want to happen

20:05
we'll make sure it does and we'll take

20:06
care of all the paperwork from start to

20:07
finish soup to nuts you won't get in the

20:09
weeds or in the mud

20:10
um period i mean it's just that simple

20:14
um another question i get a lot and it's

20:16
one of the kind of the secrets and

20:17
little things

20:18
people say well uh do do mygos have an

20:21
upfront bonus

20:22
well first of all if someone's asking me

20:24
about an upfront bonus they've probably

20:25
been to a bad chicken dinner seminar

20:27
they probably heard the too good to be

20:29
true sales pitch of an indexed annuity

20:31
indexed annuities are cd products

20:33
multi-year guarantee annuities or cd

20:35
products period difference between the

20:37
two

20:37
multi-year guarantee annuity has a

20:39
contractually guaranteed annual interest

20:41
rate

20:42
indexed annuities protect the principle

20:44
that's the only

20:45
contractual guarantee there's all kinds

20:48
of

20:48
hypothetical theoretical projected you

20:50
know hopeful

20:52
unicorns chasing the butterfly returns

20:54
that agents always talk about

20:56
with the index options but at the end of

20:58
the day it's a fixed annuity it's not a

21:00
security index annuities aren't a bad

21:01
thing

21:02
we use them for delivery systems for

21:04
income uh

21:05
very efficient delivery system for an

21:06
income rider guarantee

21:08
but if you just want a guaranteed

21:10
interest rate

21:11
you go with the short-term multi-year

21:12
guarantee annuity not all the time not

21:15
not some of the time

21:16
all of the time all of the time period

21:19
do not get fancy do not try to be master

21:22
of the universe

21:23
do not believe the hype and here's

21:26
up front but getting back to that for a

21:28
bonus i i digressed a little bit upfront

21:30
bonuses

21:31
are attached typically to

21:34
index annuities so if you sign let's say

21:36
for instance if you bought this index

21:38
annuity they give you a 10

21:39
upfront bonus for signing stop for a

21:41
second stop

21:43
okay before you go hey that sounds

21:45
pretty good stan why don't we do that

21:46
that's free money

21:47
it's not free money there's not some

21:49
philanthropist that wakes up in the

21:50
morning at an annuity company and goes

21:52
you know what hmm i think i'm gonna give

21:55
money away today

21:56
no they don't do that okay the the bonus

21:58
is part of the overall contractual

22:00
guarantee

22:01
it's a non-event for me i call it candy

22:03
for the stupid

22:04
if you're dumb enough to buy an annuity

22:07
for the upfront bonus you're the rube at

22:09
the table in las vegas you're the sucker

22:11
you know you're you're you're that

22:12
person don't be that person

22:14
if it sounds too good to be true it is

22:15
every single time multi-year guarantee

22:17
annuities 99.9

22:19
of the time do not offer an upfront

22:21
bonus and let's just say that

22:22
point one did who cares it's all about

22:25
the yield to

22:26
surrender it's all about the guaranteed

22:28
yield

22:29
so upfront bonuses i wish i wish would

22:32
be done away with the annuity industry

22:33
because

22:34
it attracts it attracts people that

22:38
trust

22:38
too much okay and people that

22:42
think it's too good to be true it's just

22:44
that simple

22:45
um finally one of the last questions i

22:48
get all the time of with multi-year

22:49
guarantee annuities and we're talking

22:50
about the secrets

22:52
of the hidden secrets of multi-year

22:53
guaranteeing news i think i've covered a

22:55
bunch of it

22:56
uh most of it um but what a lot of

22:59
people say what's the catch standing

23:00
nudity man america's annuity agent

23:01
licensed in all 50 states what's the

23:03
catch

23:04
that i mean it does sound good to be

23:06
true it's too simple there's no

23:08
moving parts there's no manual fees

23:10
there's no market attachments i can buy

23:11
a short-term two-year

23:13
what's the catch why haven't i heard

23:16
about this before

23:16
staying the annuity man why are you the

23:18
only pied piper why are you screaming

23:20
into the hurricane

23:22
florida analogy it's not too good to be

23:26
true i mean it's

23:27
it's a contract just like a cd is a

23:29
contract with you in the bank or if you

23:31
bought one from brokers from you in the

23:32
brokerage firm

23:33
to pay a specific annual interest rate

23:36
for a specific

23:37
period of time that you choose with no

23:40
market

23:40
attachments no moving parts no hidden

23:43
fees

23:45
period and the commissions are built in

23:47
and hidden from the client

23:48
and but they're really really small

23:51
they're they're miniscule and when

23:52
compared to like the the

23:54
the commissions to indexed annuities

23:56
they're not on the radar

23:57
okay so i'm not saying that's bad with

24:00
index news but

24:01
the reason that when you go to the to

24:03
the financial advisor or the agent or

24:05
the bank and you tell them

24:06
you know i sprained my ankle and i don't

24:08
feel good i wreck the car what do you

24:09
think i should do and they go you know

24:10
what

24:11
i think you should get an indexed

24:12
annuity what i mean it's not a one size

24:15
fits all it's not square pegging a round

24:16
hole

24:17
but multi-year guarantee annuities if

24:19
you are a bunt single person

24:22
baseball analogy if you like simplicity

24:24
if you like short term

24:26
if you like understanding what you own

24:29
this is your product because you can

24:31
explain it to a nine-year-old no offense

24:33
to nine-year-olds

24:34
you know always kid that you know you

24:37
should never buy it

24:38
anything unless you fully understand it

24:41
that's a warren buffett rule warren

24:42
buffett's like someone asked him one

24:44
time

24:44
why don't you buy derivatives he goes i

24:46
don't understand them

24:48
the richest guy in the world right i

24:49
mean you're one of them he's like

24:51
you don't understand i understand coke

24:53
and i understand candy i understand

24:55
well that's what he buys same thing

24:58
multi-year guarantee annuities you can

24:59
explain to your spouse or partner

25:01
you can explain to the beneficiaries you

25:03
can explain to your children

25:04
you can explain it period and that

25:08
is a good thing i guess in closing with

25:10
a with multi-year guarantee annuities

25:12
the secret is

25:13
that they have been a secret the secret

25:16
is

25:16
that you need to know about them the

25:18
secret is

25:19
you need to include them right alongside

25:22
either

25:23
your muni buys your treasury buys money

25:25
market cds

25:26
fixed rate annuities multi-year

25:28
guarantee annuities and the other little

25:30
hidden secret

25:31
is that multi-year guarantee annuities

25:33
and fixed indexed annuities are

25:36
both cd products you know they both were

25:39
designed to create cd returns

25:41
the difference is multi-year guarantee

25:43
annuity returns annually are

25:44
contractually

25:46
guaranteed also remember this annuities

25:49
are contracts

25:50
that's a fantastic thing if you if you

25:53
like a multi-year guarantee annuity you

25:54
go to my site at theannuityman.com and

25:56
see one and you say you know what i want

25:58
to dig further

25:58
i want to dig further stand the annuity

26:00
men send me a specimen policy

26:02
i'll send you a specimen policy i'll

26:04
send you the exact policy

26:05
that you would get the verbiage so you

26:07
can read it from front to cover

26:09
i mean there's never an urgency to own

26:10
an annuity of any type

26:12
hello the urgency is to understand

26:15
it period and you know at the annuity

26:18
man

26:19
we allow you to make your decision on

26:21
your terms

26:22
and on your time frame and even if that

26:24
decision is no

26:26
that's okay you know we want to educate

26:28
you

26:29
so i encourage you to go to my site get

26:31
the book sign up for the books i've

26:33
written six owner's manuals on all types

26:34
including the multi-year guarantee

26:36
annuity

26:37
i'd love to ship it to you for free

26:38
under an obligation i promise you

26:40
no one's going to show up at your

26:41
doorstep or call you

26:43
randomly period the only way to talk to

26:46
me

26:46
is to schedule a call or call the 800

26:48
number and i'll pick up phone

26:50
no one's going to randomly call you and

26:51
say hey no we don't do that we're going

26:54
to put you on a

26:55
on a update list and a newsletter list

26:57
etc so go to the annuityman.com

27:00
you know use use the myga live feed we

27:02
have we have calculators there as well

27:04
you can schedule call with me

27:06
and it's really an informational site i

27:08
think you'll really like it

27:10
but i'm glad you joined us this is fun

27:12
with annuities

27:13
with america's annuity agent stan the

27:15
annuity man the top

27:17
podcast in the country for annuities why

27:20
because we have fun with annuities

27:21
why because we're living the reality

27:25
not the dream i'll see you next week

27:33
thanks for listening to fun with

27:34
annuities please hit the subscribe

27:36
button and make sure to go to my site

27:38
at the annuityman.com where you can run

27:41
your own

27:42
spea dia and culat quotes and see a live

27:45
feed of the best

27:46
micah fix rates in the country and even

27:49
get

27:49
indexed and income rider quotes as well

27:52
you can also

27:52
sign up for my six annuity owner's

27:55
manual books and i'll ship them for free

27:57
and

27:57
under no obligation i also encourage you

28:00
to schedule a one-on-one

28:02
call with me stan the annuity man so we

28:04
can have a full discussion

28:06
of your specific situation it will be

28:09
the best

28:09
brutally factual and truthful advice you

28:12
will ever get and that's one guarantee

28:15
you should definitely take advantage of

28:17
so join me next time for the number one

28:19
annuity podcast on the planet fun

28:22
with annuities

28:37
you