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It appears the Fed may be increasing interest rates, which will impact fixed and multi year guaranteed annuities. Five year fixed interest rate annuities have out performed certificates of deposit by 150 basis points over the last five years. If rates move up, annuity sales could be significant. Nationally recognized annuity expert Mike McGlothlin is interviewed on Let's Get Down to Business. This week features the Final Four Product Review series.
Fixed & MYGA Annuities - YouTube
Fixed & MYGA Annuities - YouTube