The Annuity Man MYGA Renewal Playbook

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Hi there, Stan the Annuity Man,

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America's annuity agent, licensed in all

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50 states. Today's topic is the annuity

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man's MIGA renewal playbook. Okay, Stan,

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that sounds good. What's a MIGA? A MA is

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a multi-year guarantee annuity. It's the

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annuity industries version of a CD and

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you can buy them [clears throat] one

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year, two year, threeyear durations all

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the way up to 10year that we offer. Um,

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you can go to my site at

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theanuityman.com and you can pull up

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your state of residence, put in the

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duration that you're interested

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interested in. They'll say 5 years. Hit

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go and you'll see every single carrier

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ranked from the top yield all the way

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down um for a fiveyear or three year

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whatever. That's what a MA is. Don't

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don't make it any more difficult than a

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CD. It's the annuity industries version

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of a CD. Protects your principal.

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There's no fees. You get a guaranteed

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yield. And with some carriers, they give

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you the ability to peel off that

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interest if you want. You don't have to.

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You can put it in a nonIRRA account. You

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can put them in an IRA structure. You

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can put them in a Roth structure. Okay?

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So, it fits with all of those. Now,

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we're arguably the leader in that space,

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okay? And we have quadrillions. My my

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tech guy went quadrillion quadrillions.

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Quadrillion. I mean, literally, I I'm

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not going to give you the number that we

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manage because my competitors won't

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know, but it's a it's a lot. So, we do

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this well. We understand the the carrier

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rules on renewals and there is a

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playbook that we have that we utilize

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with and and the playbook is not let's

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sell them more. No, we're not hammers

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looking for nails. The playbook has to

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do with giving you the options and the

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choices at the end of that deferral time

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period. So what it what it means is you

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you typically have four primary choices

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when your MGA matures. So, let's just

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say you bought a five-year MIGA is

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paying X percentage. I'm not going to

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date myself on the percentage, but it's

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paying X percentage. And we're coming up

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on the five-year time period. Okay.

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First of all, I have a team in place

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that just does micro renewals with the

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annuity man. That's that's we're pretty

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big company. I can't believe that

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sometimes because it was just me and my

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wife for a long time, but it's this big

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behemoth based in Las Vegas, Nevada. And

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we have a team that just specialize

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specializes in MIGA renewals for our

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clients because we have bazillions under

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management. Um, so what we do is we

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we're going to contact you. We're going

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to email you. We're going to call you.

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We're going to send you a note. We're

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going to FedEx you if you don't respond

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to any of the former three. We're going

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to find you to get your answer on what

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you need to do. And here's here are the

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choices. You can cash it in. You can

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say, "You know what? That was a fun

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ride. Stan locked it in for five. Got

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this yield. It did exactly what you

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said. send me the money. I'm going to go

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buy a boat. Great. Your money. You can

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do what you want. Second thing you can

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do is you can transfer it to another

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MGA. So, let's just say you said, "Stan,

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you know what? That was a good ride. I

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like that ride. That was a good ride. I

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like the yield. I want to lock in for

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another five years." Okay, great. We're

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going to go look for the best 5-year

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yield and we're going to transfer it

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non-t taxable event. non-T taxable event

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won't trigger any taxes to the newest

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annuity whatever duration that you that

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you choose. Okay, so that's the second

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thing you can do. All right, the third

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thing you can do is you could renew with

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the carrier that you you were already

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with. So, let's just say you're with XYZ

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carrier. I'm just making up a carrier

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name and you liked what they you like

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the whole thing. you like the yield and

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their renewal rate because the carriers

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will offer you a rate to try to keep you

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to stay with them. That renewal rate's

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acceptable to you, then we'll just renew

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it for you. Tell them tell the carrier

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we're going to renew. You're going to

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stay there. Okay? And then the fourth

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thing you can do is okay, you bought the

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MA, it was a 5-year MA, you wanted

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principal protection, it gave you this

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yield, and it's grown to this amount.

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And the great part about MAS is when you

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buy it, you know exactly what you're

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going to end up with at the very end.

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But let's just say your goals change.

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You go, you know what, Stan the annuity

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man, I don't really need principal

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protection now. I need lifetime income.

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So what we can do is then transfer non-t

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taxable event transfer. What regardless

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of what it's in IRA, Roth IRA, nonirra

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to an immediate annuity or deferred

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income annuity or QAC or whatever is

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appropriate for you. So you can go from

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MA to lifetime income. So, those are the

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four things in the playbook. The good

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news for you is I have a team in place

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that just does that. They're they just

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do that. They take care of you. You

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don't have to keep up with anything. You

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don't have to to, you know, put things

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on your calendar. We are your calendar.

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Okay? And the the reason that's

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important, MA carriers, there's no

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uniformity. Even though these are

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commodity products, there's really no

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uniformity in [snorts] the in the

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annuity world. And the reason that

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applies to MAS is every carrier has a

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different window of which you need to

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contact them and tell them which of

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those four choices you want to do. We're

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going to manage that for you. We're

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going to keep up with that for you and

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we're going to make sure you don't miss

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those dates because what they want they

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the annuity companies is for someone to

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forget so that they can just renew it

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and keep the money there. But that not

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might not be the goal that you want. So

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bottom line, the annuity mana renewal

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playbook exists and it exists for you

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and on your behalf. So you don't have to

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keep up with it. We keep up with it for

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you. We provide those four choices and

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then you tell us what you want to do.

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Why? Because it's your money. We're not

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going to tell you what to do. We're

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going to respond to you. So that's it.

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So what do you do when your MA renews?

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If you're out there and you don't have a

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migga, if you have a MIGA somewhere else

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and you want us to manage it, we can do

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that. If you're with us and you're

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watching this, you know what we do. If

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you're considering a MIGA, this is why

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you choose us. You can cash it in, you

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can transfer it to another MIGA, you can

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renew it, or you can transfer it to

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another annuity structure. Those are

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your four choices.

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My name is Stan the Annuity Man. I am

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the choice when it comes to annuities. I

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hope you can um consider us if you're

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looking for annuities. Go to my site at

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theanuityman.com

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and I'll see you next time.