Best 5 year MYGA Florida

Sep 26, 2018

  1. jasperjohns
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    jasperjohns Super Genius

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    Anyone seeing better then or equal to 4% on a 5 year myga for Florida? Need RMD access so Sentinel is out I assume Atlantic as well. Equitable is at 4% but rating is sooooo low. (If you are a FMO/IMO please do not reply...as I assume your reply will have something asking me to PM you for the carrier name-which is why I prefer producers to reply only.)

    Fraternals are fine....best Fraternal rate I know of in FL is RNA at 3.85%.
     
  2. jasperjohns
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    jasperjohns Super Genius

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    Update: Equitable was purchased by SILAC LLC which also owns Sterling Life. Rating is still B but the purchase may help stabilize the company as they attempt to diversify lines and manage LTC book.
     
  3. billyb
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    billyb Guru

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    Sentinel does allow minimum distributions, but it will cost you.
     
    billyb, Sep 27, 2018
    #3
  4. jasperjohns
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    jasperjohns Super Genius

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    Thanks billyb. Yes after the fee the rate would not be as high as Equitable; nor before, but that was what I meant.
     
  5. jasperjohns
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    jasperjohns Super Genius

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    Update: Also learned that SILAC, LLC is owned by the former owner/founder Stephen Hilbert of CNO Financial....which became Conseco. Great American is also a investor in SILAC, LLC.
     
  6. IsaacA
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    IsaacA Expert

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    Nassau MYAnnuity 5X
     
    IsaacA, Oct 3, 2018
    #6
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